Copytele - Another XEROX in future Message Board

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Technology Stocks : Copytele - Another XEROX in future

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To: Elliot Mausner who wrote (1044)	11/5/1997 11:24:00 AM
From: Ken G	Read Replies (3) of 1320

If we may now consider that the respectful time has passed for the body of the erstwhile Mike Chen to chill, his wake come to a peaceful end, and the completion of full application to the Pope for his elevation to sainthood having been made, may we now expect his predicted "miracle" for the demise of Copytele to come about? Just look at the recent sentiment of some of the bears concession to the "possibility" that Copytele may even sell some of the Magicoms. Couple this possibility with the very small quarter to quarter loss of a few cents that has been seen and expected over the history of this company. What would the "unimaginable" effect be on the price of this Company stock if they really were to sell their products, as some have conceded to. Would it really take that many unit sales to put this Company in the black, even by a few cents? Forget about calculating PE ratios in this kind of situation. No wonder some of the bears have admitted that they fear (even for them) enough for them to cover their risked capital. With a downside reward for the bears of less than $5, common sense would tell me that the upside risk wouldn't be worth it for me. Good Investing, Ken

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