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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: van wang who wrote (2487)7/19/1997 4:17:00 PM
From: Peter Shaw   of 3509
 
Van,
You haven't heard of many buy side research firms (nor have I), but they exist! Donna's research seems about right based on past expense data, and the vague revenue number is a result of that pesky revenue recognition issue!
Yes, Friday's action looked like an attempted shakeout by whoever can trade in enough size to move the stock and hit the stops. At this level it probably doesn't work well as the downside is so limited. Look at the trading action in front of last quarter's initially great earnings release to get an idea of how a shaker looks when it works well.
I still wish the company would file a countersuit to the meritless shareholder class actions. Removing that cloud would help our cause!

Cheers,

Peter Shaw
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