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Technology Stocks : Network Connection , Inc. (TNCX)

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To: andy harrison who wrote (157)12/29/1997 3:22:00 PM
From: Douglas Rushkoff  Read Replies (1) of 330
 
Unfortunately, this stock -- like most stocks -- is selling for about what it's worth right now. (I'd put the number closer to 8, but that's not the point.) The bump to eleven or twelve was based on the attention TNCX got with murmurings of CCL and other big deals. As those haven't fully materialized, the stock went back to its normal price.

There is certainly reason to believe that earnings will be higher than the current price reflects, but no compelling reason for anyone else to jump into this low-cap stock before there's a major deal.

Like others here, I'd say April or bust.
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