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 : Quarterdeck: Making a Striking Comeback!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Stempson who wrote (1551)10/2/1997 7:51:00 PM
From: Jesse Livermore   of 3307
 
Hmmm, I was expecting a small loss based on sales. As I read this they are taking a loss based primarily on a cash reserve allowance for anticipated returns of old products due to new releases. So they expect a few million in returns. It is not as bad as it soiunds at first glance and I still think the 4th quarter is the one to watch. The key tomorrow is how much buying there is into the expected selling. I said buy at 2 1/2 previously and not to buy again unless 3 7/8 was topped. I'd stick to my long position and pick up more if it trades below 2 1/2. This announcement is kind of a smoke screen. I'd like to see the sales figures not the allowance for anticipated returns.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News