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 : INVX Innovex Comdex Winner !!
INVX 22.20+0.6%Dec 29 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nazbuster who wrote (2053)1/13/1998 4:47:00 PM
From: Will Lyons  Read Replies (1) of 3029
 
Maybe I read the report too rapidly and therefore may have missed some of it but it ignores some very important factors such as expenditures for R and D, the write off of depreciation and/or acquisiton ecpenses [if any, ] and so forth. The use of raw per share data without considering the way the business is run is IMHO an attempt to SIFT historical data to predict the future, [which, by the way, lies ahead]. The industry we are following is subject to RAPID technological change.
Any one process or niche is subject to externalities [ie, the effects of what others are doing] so I believe that mechanical sifting may only be helpfuo in those instances where nothing much is subject to change and that does not appear to be a description of the industry in which INVX is operating. .
NEITHER A SIFTER NOR A TA BE.
CRITICISM AND/OR FLAMES BOTH EXPECTED AND WELCOME
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext