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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play

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To: put2rich who wrote (61)7/9/1997 9:49:00 AM
From: Glenn Norman   of 522
 
Yo_Thanh...............................Visio earnings report is due out around the 20th of this month-exact date has not been announced yet. VSIO has low volume and 4 to 5 point swings almost on a daily basis. I think you should sit and wait for earnings. If Visio does well stock will not go down-I don't think stock will go up because current price (65 to 71) reflects good earnings. If Visio does not make numbers or next quarter earnings look to be flat or down, then I think we will be looking at instant drop to 55 -58 range and less than 48 thirty days out. You can decide what you can afford to lose by putting a order to cover your short at whatever number of points equals your loss tolerence. I will look at bbrc later in the day and get back to you.

Cheers-Norman
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