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 : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chad R. Solomon who wrote (325)8/8/1996 2:16:00 PM
From: Tom Todd   of 674
 
Regarding your two points:

First, I am reluctant to try to play the stock up and down. Though selling at 18 and looking for a chance to buy back at 10-15% lower seems on the surface to be doable. I face stiff cap. gains tax every time I sell (my basis is essentially 0), so I tend to hold this stock thru the cycles up and down, preferring to take the tax hit later when it is fairly valued.

On the second point, that the November announcement will drive the stock, I doubt it. Product announcements tend to do little by themselves, unless they translate into a new EPS forecast- which is unlikely. Sustaining the current growth rate, improving COGS, SG&M, and R&D expenses will drive this stock from its current undervalued level, though a little product hype wouldn't hurt.

Would you care to expand on your info on the November announcement either here or by email?

-tt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext