VISIO Corp (VSIO): Big ISO 9000 Play Message Board

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 : VISIO Corp (VSIO): Big ISO 9000 Play

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jean B. Roper who wrote (79)	9/22/1997 8:08:00 PM
From: Glenn Norman	of 522

Yo_Jean................................I am still short and do daily or weekly shorts on a continuing basis. I am currently ahead, thanks to the big swings of this stock on a daily basis (almost always 1 to 2 pts/day). I did not do any thing in vsio today, but if the stock continues up tomorrow (above 39.5), you can bet I will go short tomorrow! I think you will see the stock edge up due to traders anticipating earnings. I think that when earnings are announced (about oct. 20 th.) you will see the stock tank if the earnings are not good. I really don't see too much more upside if earnings are good, because of the current high PE Ratio (80 -90). It appears to me that a lot of the investment communnity is starting to divest their portfolios of the stocks with really unjustifiably high ratios (like Coke, Proctor & Gamble , etc). I really think this company is an excellent company with a super product line, but I also believe it is way over vallued at these prices, and that is why I play the short side of it. Should this stock fall to what I consider a real or fair value price, I will certainly go long and place it in my growth (long term) portfolio. You can be sure if this stock closes below 39 tomorrow or Wednesday - I MADE MONEY! Cheers-Norman

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next