SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Viasoft is an excellent stock, but what about the company?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Omega6 who wrote (37)12/12/1996 11:39:00 AM
From: Smart Investor   of 169
 
I am also watching VIAS. It is hard to understand why the stock went up so much considering that its revenue and net income all went down from 6/30/96 quarter to 9/30/96 quarter. I feel this stock has some similiar characteristics as IOMG earlier this year. There had been a lot of talk of blow-out earnings and the stock shoot up to the sky, then it crashed down after people realize they were too optimistic and fooled by some analyst. It may go up again in the short term, it definitely will go down in the next 6 months. The 2KY problem is overblown in my opinion, and many other computer consulting companies, including IBM will get into this business, and it is easy to get into. All you need are some good programmer, no entry barrier. It went up quickly this past Monday, mainly due to short covering.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext