IBIS Message Board - Msg: 2058759

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 : IBIS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Rosenthal who wrote (66)	8/27/1997 3:33:00 AM
From: Terry Blount	of 301

You asked for insight as to where IBIS price will settle... I have about 1/3 my total portfolie riding on it to settle DOWN. In my opinion it's just a market play that caused it to double so quickly. I starting shorting some shares when it went up to $8 then more at $10 and more at $12.. my average shorting pice is at $10. When I look at the picture I only have one quesition in mind.. and that is... will the people who are managing pension funds and mutual funds and bank investments.. the guys with big bucks... put money into a compmany that only has 8 mil in total sales and revenues falling 16% per quarter with a net loss of 54% ? I can't see how they could.. and without institutional support a stock is doomed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next