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Technology Stocks : On Technology (ONTC), firewall mostly

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To: Charles Zou who wrote (9)9/24/1997 5:35:00 PM
From: T. Pascal  Read Replies (1) of 79
 
>>How come the volumn is very low recently?<<

Because no one is buying or selling. Ha, ha. No, seriously, I would tend to stay away from this one unless you want to build up a position for the (very) long-term. I have less and less confidence they will compete or even be a player. I sold out at $4, without any regrets. I think they have very long term potential, but short term (the next three years), I think they will not do very well.

>>I think the stock should hit $5 this year.<<

What's my basis for this viewpoint? Well, it's just an opinion. I wasn't going to wait to see if I was correct. If I'm wrong I don't care because I'll just buy some other stock that I know will do well and that I feel better about.
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