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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play
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To: Karl who wrote (441)7/10/1999 8:17:00 PM
From: DlphcOracl  Read Replies (1) of 522
 
Visio prospects:

Visio is "dead money" for the rest of the year. Having been on the wrong end of this earnings surprise with other small-cap high-tech stocks before (note: I have never owned Visio), there is not much to do but sell, take the tax loss, sit out the next 2-3 months (which are almost always dreadful for tech stocks, regardless of earnings) and re-deploy the money elsewhere in Oct./Nov when the market rebounds. If you like Visio's long-term prospects, wait until it gets one good quarter under its belt.
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