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Technology Stocks : Copytele - Another XEROX in future
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To: paul clifton who wrote (887)9/25/1997 9:29:00 AM
From: Ken G   of 1320
 
Paul,

Thanks for taking the time to put something on this thread that really makes sense. Very well written and well thought out. I also have believed that Copy has got to show tangible profits i.e. money in the bank, not the promise of money someday by some foreign distributor. This will happen only when units are sold to the public or institution, not simply the storage of asset in some foreign "warehouse" arbitrarily valued by some accounting technique. Real profits with real sales. However, that being said: IMHO, if the first dollar of revenue is announced, after all the negative that is being said about this stock, don't even begin to think that you are going to be able to cover a short without being crushed first. But without that income to COPY, the shorts will still have many opportunities to make good money.

Good Investing, Ken
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