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 : Transitions Systems Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ross who wrote (4)12/27/1996 4:40:00 AM
From: Ron Kory   of 43
 
Thank you. I did sell some of my TSIX today and I will probably
regret it. I thought it was interesting to find a stock so close to
its lows that was considered one of the analyst's favorite stocks.
On that same list were a couple of other tech stocks that are near
their lows, have presumably been sold recently for tax reasons, and
hopefully are ready for a bounce. Today I purchased MYLX. Take a
look at the chart and tell me what you think. Seven analysts follow
the company; five have it as a strong buy, two as a buy. The company
trades at less than 10x next year's earnings. Like TSIX they had
an earnings shortfall in the middle of the year; like TSIX the analysts continue to like the stock. Unlike TSIX I don't really
understand their product but so what! This looks like a quality
company beaten down that should bounce with the end of tax-loss selling.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext