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Technology Stocks : Tut Systems, Inc. (TUTS)

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To: FNS who wrote (239)12/9/1999 6:19:00 PM
From: Henk Wondergem  Read Replies (1) of 293
 
Hi FNS:

This news release is nothing exciting, it was known, they are very good in networking hotels / apartment buildings etc.
They have a product that works and sell. (joint venture with Intel).

But the 10Mb product spec went to epigram which got bought by BRCM.
That is probably were the hype will be for the next 6 month.
I bought when I could not believe my eyes, but I sold as I feel it may be stuch at 40 for a while till people get a reality check or yhoo proves them wrong.

I do not thing this runup was due to short-covering, I think the stock was undervalued last summer and also epigram setting the standard for 10Mb.
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