SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Golden Genesis (GGGO), formerly PCOM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Andrews who wrote (111)4/21/1997 11:08:00 AM
From: PuddleGlum   of 145
 
Jim- The cost of solar cells is still dropping at a pretty good clip and that should uncover more applications as it drops. PCOM's focus is really on the communications sector which can demand high prices anyway, so I think we could see PCOM open up on the throttle a little bit this year. One problem: with the change in fiscal year it will be difficult to make year over year comparisons. I'm just hoping for $6M+ in revenues per quarter and growing from there. The stock's RSI measurement recently dropped below 40, which has signalled a buy in the past. But I'm disappointed like you in the current price. Part of the problem is that I see quite a few high-growth stocks trading at around 10 times earnings, so that makes me tempted to cash out of PCOM even at current prices, and certainly eliminates the possibility that I will add to my current position.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext