Invest / LTD Message Board

STOCKTALK

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.

Non-Tech : Invest / LTD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thean who wrote (7118)	2/2/1999 8:16:00 PM
From: The Ox	of 14427

Hi Thean, MMCN sold off on it's earnings release. They guided the street properly in advance but I think it was the typical: if you don't beat the street we are going to punish you mentality. If you notice the volume wasn't huge during the drop and picked up substantially when it bottomed out. At first glance the earnings report wasn't that great but it's the forward looking information that often gets over looked, like the new IBM deal. Deals such as this will help MMCN, since they will slowly get away from being overly dependent on CSCO. I haven't had an opportunity to go over the CSCO earnings report. I will attempt to do so tonight, if I get the time. Another rebound play to check out is MTIC. They are like a poor man's EMC. Since the dump to 3 3/16s, there has been a fairly steady rise in the stock. I wouldn't expect this stock to take off overnight but I think they will continue to climb slowly. 207.95.154.130 Both of these stocks don't have the volume many like when trading so I can see how anyone would be cautious about playing these stocks with the market as puffed up as it is these days.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next