audiocodes ltd. (AUDC) Message Board

STOCKTALK

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 : audiocodes ltd. (AUDC)

AUDC 9.240

-4.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herschel Rubin who wrote (118)	3/26/2001 8:00:50 PM
From: Arik T.G.	Read Replies (1) of 229

Not much of a follow through today, and low volume. Both of course can be looked upon in a bullish way - stock is up while Naz is down, and low volume means not many weak hands selling. I hold AUDC (again, as I promised here siliconinvestor.com and I think that current price is a steal for the long run, but today's action didn't convince me that there won't be better opportunities to accumulate stock of this fine company in the near term. So for those of you who read this and do not own this stock IMHO current price is a very good place to start accumulating, as the down side does not look intimidating from here. However AUDC is located near the far end of the telecom food chain, and the upside looks also limited until the fog disperses from over the clients of AUDC clients' cap spendings. OTOH CLRN jumped nicely today so maybe the market is already pricing the worst case scenario for the industry and those who wait for confirmation will probably increase position in AUDC at higher prices. Tough call, so as I said, I'm back in but still looking for better opportunities to increase. Will dive head first if it ever drops below $7. Good trading ATG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next