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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 389.02+1.5%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: drakes353 who wrote (25648)11/16/1997 9:27:00 AM
From: Jan Robert Wolansky  Read Replies (2) of 33268
 
Drakes, what I extracted from the conference call above everything else was that sales will grow to significant/material levels, with time and patience. One or two big sales could be the catalyst for additional sales. The company has moved from the "highly speculative, no sales" mode to a mode in which the product is starting to sell as the distribution teams are gearing up. Perhaps the shorts will conclude that they've milked this one for what it's worth and move on to more exciting prospects. Similarly, the institutions sitting on the sides waiting for signals that this company is for real may start to buy as sales and the distribution teams grow. One thing is clear, IMO, namely, the day they announce the big sale, the shorts better run for the hills as fast as they can. Question, if a million dollar sale were to be announced suddenly, do you think there could be a short squeeze?

Jan

Jan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext