SI
SI
discoversearch

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 : Storage Dimensions - STDM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sparky Beardslee who wrote (52)6/9/1997 5:33:00 PM
From: Jimbo Cobb   of 311
 
Sparky: I agree that it will probably be a long road back for STDM, and it probably won't be too easy getting past $7, as there will be lots of folks waiting to bail out at that level...

However, 12 months is an eternity in the stock market for these small company/IPO type stocks...as Stphen said, IF next year's numbers come in as forecast (which I wouldn't bet on), the stock should double/triple at a minimum over the next year.

It all depends on your time-frame and objectives.

One thing's for sure, RAID is a fiercely-competitive, cut-throat type market from what I've seen/heard...Although STDM appears to have a great product, I'm not sure they have enough competitive advantages, to warrant a above-average P/E multiple for the industry they compete in.

Mark.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext