I read this over at Briefing Com about USRX
14:20 ET ******
U.S. ROBOTICS (USRX) 83 1/2 +5 1/4. Shares attempting to make up the ground that they lost amid yesterday's
Nasdaq panic. In Tuesday's trading session, the stock lost 6 1/4 points. Investors, fearing the reversal of an extremely
aggressive surge by the Nasdaq in '96, started to dump high-tech stocks. Today, however, many of those same people have
reevaluated their decision, and have decided to get back in. Considering that company has come out and said that it will
meet analysts' estimates, combined with fact that it consistently exceeds expectations, while also boasting excellent
appreciation of the stock, a venture into these shares may be one of the soundest medium-term bets in the high-techs. |
