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Technology Stocks : NCDI - Network Computing Devices

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To: Mark Orsi who wrote (3158)10/17/1997 9:30:00 PM
From: ChrisJP   of 4453
 
8 1/2 look like a good opportunity, but I don't see NCDI taking off anytime soon. IMO, I'd wait to see what the market does after IBM's and MSFT's earnings. With IBM's layoff plan announcement, does anyone think their earnings will be any good ? If SGI and SUN had problems, then IBM's PC and RISC systems have done worse. As for MSFT, I'm sure their earnings will be good, but good enough to justify a 50:1 P/E ?
Hmmm....

I think a FedEx win (or 2nd prize) would definitely put NCD on the map, so I plan to buy some next week or in Nov, before it's announced. If NCD doesn't take 1st or 2nd place, it will present another opportunity to average down <VBG> !

Have a good weekend all,
Chris
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