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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: Burt who wrote (1090)1/13/1998 6:01:00 PM
From: D.J.Smyth  Read Replies (1) of 1472
 
Well, bit my tounge and bought back into RSYS at $36 3/8 today. the chart looks terrible, but, obviously some of RSYS downside has been a result of the technology issues on the street. Intel beat earnings estimates and is up in after hours. Traders won't avoid RSYS forever as long as they continue to meet their earnings estimates and grow their business. Look at the chart. RSYS was moving nicely back up to $40. Then, on one day, the price is lowered substantially because of Asia. The price hasn't recovered from that one Asia day yet. The flip side is that RSYS has upside potential to at least $40 plus when the tech stocks rebound relative to world markets and other factors. Uglier than ugly, but, convinced that RSYS has the tools.
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