Hummingbird Comm. (HUMC) Message Board

STOCKTALK

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 : Hummingbird Comm. (HUMC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Arndt who wrote (1277)	1/27/1998 8:53:00 PM
From: andrew	Read Replies (1) of 2018

Bill, I wouldn't be surprised to see the stock trickle down to 25 over the next couple of months unless there's any significant news. There just seems to be no significant buying interest on the NASDAQ at all. My feeling is that anytime the stock pops it is due to short covering and anytime it falls it is due to shorts selling (if you go back 2 years plotting the short interest against the stock price there is definitely a correlation). The only way we'll get a higher multiple on the stock is if we get some well heeled buyers come in to support the stock and scare the shorts or we get an acceleration in earnings growth. I don't know why the constant 25-30% growth without acceleration and a forward multiple between 10 & 15 just doesn't seem to cut it!?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next