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Technology Stocks : Superconductor Technologies : SCON
SCON 2.500+10.1%Sep 7 5:00 PM EST

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To: cootye1 who wrote (354)2/23/2000 11:34:00 PM
From: Marshall  Read Replies (1) of 903
 
Good question. The company has the potential to have a terrific future, after all it appears that the industry is just now recognizing the advantages.

In my opinion I feel the stock is way overbought at this point, however we know darn well that the market tends to look very far in the future on certain technology issues. Were I long (and I am) I'd consider if I wanted to remain long-term despite the possibility of it going back down to the low $20s for a while; were I short (and well-studied) I'd tend to worry about the large number of potentials which have beta tested the product and may decide to play "follow the leader" in deciding to deploy.

I've been in it since 1996 and I'm not going anywhere as the only price I care about is 20 years from now.

I see someone above thought we needed a lesson in "Safe Harbor" statements. :-)

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