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 : SSA (SSAX) BPCS/Client Server

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Vannucci who wrote (583)2/12/1998 11:07:00 AM
From: James B. Barnes  Read Replies (1) of 915
 
Frank,

When I said my guess of $8-9.50 I was looking at the chart and where the price was prior to the major selling that erupted toward the end of January. My thoughts were that it would return to the range it was in prior to that if everyone concluded that all the selling was unrelated to SSAX, but was caused by CA dumping their shares simply because they needed cash.

I had forgotten that the earnings release was nearing. It's hard to say what effect that will have, certainly many will be cautious knowing that's so close. It's just my personal guess that the earnings will not have any major surprises, that they'll be decent, not a blow out either way. I think they are working pretty hard to control costs compared to the past and if revenues are good we'll get a decent earnings number, hopefully decent enough to inspire us to look forward to coming quarters.

Regards,
James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext