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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (24343)3/27/2001 7:48:22 AM
From: JoeinIowa  Read Replies (1) of 29382
 
Sergio,

On ICST I am having trouble believing there numbers. If revenues actually drop 10-20% that has to take away more from the bottom line. What amazes me is that they continue to go up when the other tech stocks are struggling. Just does not make sense to me. Since I highly doubt they would be a buy out candidate something else must be driving them. Perhaps someone is going to upgrade them? This also seems unlikely given their markets of PC and Telecommunications. ADSL chips may not be as good of a market as they think. At least the other companies I follow in that market are hitting some tough times.

Joe
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