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Technology Stocks : Teletek (TLTK): Relaxed and Holding

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To: Joe Williamson who wrote (2140)9/26/1996 9:02:00 PM
From: RetiredNow   of 3645
 
I don't mean to be overly harsh to you in particular Joe, but it seems to me that a few of the more recent posters on this thread have been overly optimistic. People are talking about $22-25MM in revenues for the 1st quarter of 1997 based on nothing but pure speculation.

Has everyone forgotten that Teletek has NEVER had revenues higher than $18MM. Neither Ted Mayers nor Tom Mills have leaked any numbers to the public regarding any month's revenues within 1st quarter of 1997. The only thing which may lead everyone to believe we might have a good quarter is the $100MM 1997 forecast.

I guess my point is this. The market works on expectations. If everyone on this thread start believing in these huge revenue figures of $22-25MM, then if TLTK doesn't perform accordingly we'll see the stock dive. Why doesn't everyone just be a little more conservative and cross your fingers in the mean time.

I'm not picking on you Joe, I just remember getting burned last quarter due to everyone being overly optimistic.
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