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Technology Stocks : Shiva
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To: JR2 who wrote (2574)12/27/1997 11:24:00 AM
From: Ed  Read Replies (1) of 5036
 
Jason, I agree that a takeover at 2-3 times the earnings is realistic.
The recent slump could be explained by any of the following:

1. tax selling
2. people are just tired of this stock
3. earnings shortfall
4. stock market performance

In my recent post, I talked about excuses, and I just listed four of
them. The fact is, SHVA is not performing well. It may perform better next week, week after next or next year. It may even go to $20.
With float of about 30 million shares and about 10% short position, any good news will push the stock up sharply. However, the stock
sucks NOW.

Ed.

P.S. There is nothing wrong with blowing off some steam. I know how you feel.
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