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 : Systemsoft Inc. (SYSF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jimbo Cobb who wrote (280)8/28/1996 6:19:00 PM
From: Jeffrey Appel   of 3529
 
I do not think that the entire reason for this runup is
because of the system wizard product release. I believe you
are seeing a tremendous amount of short covering . The problem
I have with this stock is it is now trading at a 165 PE with a
market cap of 765,000,000. Considering that growth sequentially
is not growing quarter to quarter as the stock price would indicate.
This coupled with next weeks employment reports and the real possibility the fed will tighten interst rates. (Just look at the long
bond it is already back to 7%) This might be the best time to lighten up on systemsoft. The news couldnt get better. When the big boys start
to sell this stock could lose 6 points in a day easily.

Whats your opinions......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext