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Technology Stocks : USRX

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To: Skipper who wrote (8965)1/22/1997 7:09:00 PM
From: jharper   of 18024
 
I'm sort of an outsider here. I have bought and sold usrx on short trades a couple of times. I have noticed USRX on the buy list for my mutual funds, Janus, and note that it is the dominant modem in stores like Best Buy when I go there.

From an outsider's point of view, this stock has done very well this year. My feeling was that the reason the stock didn't go up today is that IT MET THE EARNING ESTIMATES AND THAT BARELY. The general public sees that as a flat report. Then the short traders sell and you lose a little ground. Not much so far though.

The good news to me is the future. I feel comfortable keeping my money in USRX because the future looks bright. The reason it grew from 45 or whatever to 74 is because of positive anticipation.

The fact that they've lowered the estimates is great! Easier to beat. The fact that these other companies are floating news at the USRX earnings report time is great. They must be worried. The conference call was very upbeat and confident. They met estimates during a difficult transitional time. The x2 is coming out at the end of the month. Dey is a lot to look forward 2!!

And that to me is the name of the game. There is alot to look forward to. Translated into trading talk. That means the stock price is going to do an olympic size high jump forward as soon as everybody get over the perception about the estimates and starts thinking about the future of this company. We are presently on a good platform for that jump.

jharper
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