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Technology Stocks : MAPINFO: Any Thoughts
MAPS 0.840-1.8%Jan 15 3:59 PM EST

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To: Elvis Jones who wrote (109)2/11/1998 12:06:00 AM
From: spiny norman  Read Replies (2) of 225
 
Duke, not yet, but if semis are up in the AM tomorrow and MAPS backs off a tad, who knows? (I've got profits to take in SFAM, BRKS, SVGI and I'm thinking the semi equip dead cat bounce is over. If I switched back from BRKS at today's prices, I'd be ahead about 15%)

The only thing that prevents me from buying is there are some real balance sheet bargains lately, i.e. SMCI @ 7.25, that I find too tempting to resist on a relative basis. However, given the bullish tone of the market and the general thinness in trading (I recall 2 days of 200 shares total volume lately) I wouldn't be surprised to see MAPS closer to 20. I don't think it would take a lot of marginal demand to get the price to irrational levels.

regards,

spiny
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