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 : TEAL
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Edgett who wrote (54)11/24/1997 8:48:00 PM
From: Tom Hua  Read Replies (1) of 160
 
Edge, Analysts were expecting revenue between 6.5 to 7 MM and a small profit for the 9/30 quarter. Stock was trading around $8 at the time. Then came the warning on Oct 2 and TEAL dropped to ~$5. Tax loss selling further cut the stock in half to the current level which is below cash value . Given the fact that present depressed stock price has factored in very low WS expectations, it's hard to see TEAL trading much lower. In addition we're near the end of Nov so I also suspect that a majority of tax loss selling has occurred because these people are likely to buy back the shares in early Jan for two reasons: (1) in anticipation of a better quarter than the last one, and (2) historically, small cap stocks have outperformed large cap stocks 3 to 1 in January.

I decided to buy in today.

Regards,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News