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Technology Stocks : HAUP - Hauppauge Digital
HAUP 0.01220.0%Oct 31 9:30 AM EDT

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To: Zeev Hed who wrote (1083)2/11/2000 10:10:00 AM
From: Don Roberts  Read Replies (1) of 1149
 
HAUP DOWNGRADED TO NEUTRAL ... any longs seeing this who haven't sold by today's close will surely sell Monday at the open ... get ready for a tank to 45 or 50 ... congrats all shorts who held through this horrible squeeze!

Shortie

February 11, 2000 08:36

FAC/Equities Cuts Hauppage To Neutral After Price Run-Up (HAUP)
(NewsTraders.com)--With an eye towards the soaring valuation of Hauppage Digital's (HAUP) stock, FAC/Equities analyst Joel Krasner downgraded shares of the company to "neutral" from "strong buy" today.
Shares of the Hauppage, N.Y.-headquartered company, which serves the multi-tasking Web surfer by providing a device that puts television in a resizable window on his or her PC, recently fell $5.69 to $68.94.

However, it is important to keep in mind that the shares have enjoyed a recent run-up in price; on Feb. 3, they closed at $39.75 and last night -- one week later -- they closed higher by $16.63 at $74.63.

Yesterday, Hauppage announced strong fourth-quarter earnings and an upcoming two-for-one stock split.

Copyright 2000 NewsTraders Inc. All Rights Reserved 09:42 Friday, February 11, 2000
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