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Technology Stocks : OCCF: Optical Cable Corp
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To: bigbutt who wrote (509)10/24/1997 10:39:00 AM
From: Tiburon   of 545
 
hey bigbutt,

don't be sorry about going short. I see support around 6 or even lower when this thing really starts to fall. One of the analysts who recently picked up the stock with a buy just lowered his estimate from buy to hold. analyst expects continued gross margin problems (margin erosion) and revenues and eps to fall short of expectations. lowered numbers for next year also. technicals and fundamentals look pretty poor don't you think?.
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