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Technology Stocks : SLNK - Spectralink wireless PBX

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To: Peter H. Mack who wrote (36)11/30/1999 8:45:00 AM
From: dr.putty  Read Replies (1) of 87
 
A few reasons. The wireless field is extremely hot now. SLNK has been breaking out the past couple of weeks. Retracement has been on low(er) volume and is expected considering this was a $5 stock not long ago. Volume has picked up again the past 2 days on gains, although yesterday was slightly disappointing. If we gain on high volume today, I think we could have another run.

Look at the field, the revenues, customers, market cap. A lot of people are looking for the next wireless darling. There have also been rumors of a Cisco acquisition here (like Aironet). Just a rumor, though it makes some sense. (Treat all rumors with the biggest grain of salt you can find)

Do your DD, but I think this could have a bit of a run.

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