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Technology Stocks : Stock Swap
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To: Czechsinthemail who wrote (17086)4/18/2000 7:59:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
At $39 I am still not real interested since visibility of future orders is still cloudy. This is a good company and idea but the market is being very unforgiving about perfromance down the road. Since there is no instant gratification and there is a potential loss stigma associated with it, we might see it languish until we start to see more announcements relative to the implementation and ramping of this technology.

For now, we are focused on the top tier stocks that have the eyes and ears of Wall Street. After almost completely going to cash a few weeks ago, our readers were re-entering our core groups of stocks as of Friday. We timed this almost perfectly and are reaping the rewards.

IBIS has been on the periphery of things and we do not think its time has come yet. We are amazed at how far it has fallen from its recent highs but we are also not surprised since the market has been veryt unforgiving lately.

AV
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