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Technology Stocks : SSA (SSAX) BPCS/Client Server

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To: IngotWeTrust who wrote (290)12/3/1997 4:20:00 PM
From: Rich Young  Read Replies (1) of 915
 
I have no idea what is going on here. Block size of trades is not giving any clear direction, calls indicate an upside surprise, but I still think they'll disappoint. I just don't see how they're going to get to 23 cents. The run at 3:30 today was very quick & was based on a lot of 1000 share trades at the ask. Could just be somebody juicing it or it could be someone who knows something.

One pattern I was noticing was that we would get a sharp drop at the open & eventually recover with a fairly strong finish, but that's pretty much gone away now, too. We're still getting the strength at the end of the day, but not the weakness at the beginning. The delay in earnings release is really bugging me.

One other thing, I forget where I read it but one analyst said that they need to make a strong showing I think in UNIX sales to convince people that they're growing again. I think only one of the recent press releases mentioned a sale or partnership that was based on the UNIX product. I just don't know. It's anybody's guess as to how things will come out, but I just don't believe in this management & my bets are in puts.

RCY
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