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Technology Stocks : Xicor ?
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To: steve olivier who wrote (2149)6/9/1999 11:03:00 AM
From: jeffbas  Read Replies (1) of 2920
 
Not the fed up seller.

You know my professional background. Investing is a game of odds. In my opinion, the probabilities associated with the favorable outcomes outweigh those associated with the unfavorable ones. What we just do not know yet is the expected results on the favorable outcomes, but most of them are a lot more than the maximum downside.

If things continue in the current favorable direction, the expected results will become apparent (at much higher price levels). Remember, my point a while ago about the recovery from 5/8 to 3 last time around, long before returning to profitability.

If the company continues to chop 1/2 dozen cents off the loss each quarter and a favorable picture becomes more clear, I believe we will see 2 1/2 before the end of 1999.
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