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Technology Stocks : YURI ( YURI SYSTEM )

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To: Alex Chilton who wrote (141)11/7/1997 1:13:00 PM
From: mattie  Read Replies (1) of 1181
 
Alex, thanks for the fundamental information.

Looks like we are still heading lower. 24 looks like a critical level. A break below 24 may take the stock down to the 20 range, then 16 if the selling continues. Yuri was clearly ahead of itself, the only question now is what is fair value?

Most of their contracts do not have minimum purchases (ie LU, Bay, ATT), and they have not made much money yet (at least not to support current valuation). Lots of expectation in the price.
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