COMS & the Ghost of USRX w/ other STUFF 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.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dougjn who wrote (8838)	11/7/1997 8:17:00 PM
From: Dwight E. Karlsen	Read Replies (2) of 22053

That's great, Doug. But I don't classify COMS as a falling knife. In my definition, a falling knife is one that starts the trip with a very disappointing fundamental event. The stock will gap down and trade big volume (200-300% or more of avg). A classic recent example of a falling knife is INTC, after the most recent earnings. In COMS case, the stock rallied before and after the most recent earnings. But the earnings/cc weren't that great, so the doubts begin to work at the stock. Now COMS is simply caught in the general market correction, and it's not quite as strong a stock as some others at this point. If Benhamou and friends could see fit to do another road show, the stock will fly up, just like in May-June. The analysts just need to be sweet-talked. DK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next