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Technology Stocks : HMSK - Homeseeker.com
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To: cornbread who wrote (336)10/27/1999 10:51:00 AM
From: Catawbakid  Read Replies (3) of 372
 
Random thoughts from a HMSK long.
Normally, I would be excited by the 70% growth. But the base number is so low that percentage gains are not quite so impressive. HMSK has set the bar at 40% but quite obviously the market has set the bar at a higher level. Let's see if management can sustain its goal over the next 12-18 months. One problem is that there is very little room for error.
My opinion on the conference call was "why?". Most, if not all, of the material had been previously discussed. There should be a clear purpose to be accomplished in a conference call other than to rehash old news.
Technically, this stock could easily drop to the $6 area whereupon I would be a buyer. Right now the market is taking a Missouri approach. Until HMSK shows it can successfully compete with HOMS, don't look for any major price gains.
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