Just for interest:
Icron Systems Inc -
Icron second most active conference
Icron Systems Inc ICM
Shares issued 16,897,482 2000-04-14 close $0.9
Monday Apr 17 2000
Week ended April 14th
Icron Systems was reviewed in the last issue of Forum Watch, capturing second place among Canada Stockwatch's most active conferences for a second consecutive week. There have been no newsworthy developments since the last review.
Some of the early posts in the Icron conference picked up a discussion from last week regarding the nature of the posts. 'Highplanes Drifter' was among those who appreciated the debate. "We can all only wish that the other forums (I suppose that should be for a) on which we post contain as balanced and knowledgeable discussion as that shown here by Reality Cheque and Deuces a sideline researcher on this one, at this point, these shared thoughts are greatly appreciated." 'Hank' seemed to think that the discussion was too heated. "Just because there are no new developments does not mean that we have to turn on one another," he wrote. 'RealityCheck' wrote: "Does asking questions, wanting specific answers, suggesting that claims be substantiated, or critically discussing a stock constitute turning on one another. This is a stock discussion forum, not a pep rally." 'Astro_47' suggested that posters should be able to take some heat. "I really appreciate reading information that makes sense and if it is mixed with a little friendly banter -- so much the better," he wrote. Upon further consideration, 'Hank' relented somewhat later in the week. "I certainly feel that anyone posting disinformation should be challenged," he wrote. "I do it (challenge) all the time myself." With some consensus established, the discussion moved on.
At the invitation of 'cattleman', several posters offered their guess for what Icron would close at on Friday. Suggesting that he expected "a leak of some sort," 'cattleman' suggested a price above $1.80. 'Digby' entered a guess of $2.05, indicating that he believed the stock was undervalued and that "a reasonable amount of media attention" would be generated by Gefen's emphasis on their USB line of products at the conference in Las Vegas. "With no apologies for my unbridled optimism," he wrote. On the upside, the guesses ranged from $1.60 to $2.05. 'Alphastar' was the only poster to suggest that the price would decrease. "This stock is heading significantly lower unless the broader tech market firms up," he wrote. "Probably $1.20 by the end of this week and lower next week." As it turned out, even that guess was not low enough.
As the stock traded lower early in the week, 'digby' offered some thoughts, noting that Monday had marked the slowest trading day for Icron since Jan. 7. "This is not to say that we are not in the middle of a 'correction' or a full blown downward trend," he remarked. "A strong company will weather a correction, and even a downward trend, while weaker ones will go toes up." He added: "The bottom line here is this; do your research! Not just before you buy, but after also, NEVER STOP!"
'RealityCheck' joined the discussion again, posing some more questions: "Does anyone have any information regarding the agreement between Icron and Gefen that is a little more specific than what is contained in the news release? For example, what does Gefen receive in return for its commitment to incorporate Icron's technology into some of its products? Does the agreement involve some type of exclusive marketing rights?" Those questions went unanswered but he did have better luck with a subsequent post that drew 'deuce' back into the discussion.
Taking up 'RealityCheck's' invitation to discuss applications and markets for Icron's USB technology, 'deuce' wrote, in part: "There are lots of applications where Extreme USB could be used. Control rooms, boardrooms, theaters, your home. There are lots of applications that involve video. You could set up your own video surveillance in your house using a quickcam, for example." He went on: "In small office applications, this product should really take off. I am no expert in this field, but I do have some insight. If I had a company that had less than 20 employees, then I would consider USB a real alternative to expensive networking." 'RealityCheck' expressed his appreciation of 'deuce's' answer before raising a number of challenges. Nonetheless, he seemed to agree that small office applications offered a more promising market but, even so, had some reservations. "I'm not expert in this field either but I keep coming back to at least two important points: cost advantage and support," he wrote. "What would Microsoft have to say about the benefits of a Windows NT server as opposed to networking everything with USB?" he asked. 'ZO0dles' joined the discussion, commenting on the suggested USB networking: "This would just be a peer-to-peer network, something you could already install and run with Win95/98 and severely limited. Now if you want to add a server with the software license costs you probably are going to spend almost as much money as a conventional network with the USB 'network' more limited in application." Those exchanges are well worth a full read and further discussion.
Followers of Icron can join the discussion in Canada Stockwatch's forums. Like most technology stocks, Icron was pummelled during the week, ending the final session at 90 cents.
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