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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: Early Bird who wrote (1158)2/18/1998 1:02:00 PM
From: robert  Read Replies (1) of 2067
 
This company still has viable products and sales. OK so its not worth 80 dollars a share, but the trouncing it has taken recently is just unjustified. There is more here than meets the eye. Just from watching the daily action on the stock, its apparent that short sellers are spending their life savings and institutions are helping, but with a P/E of about 32 I believe that this stock is oversold. Most of the "professional" hype on this stock has been applied with more than a negative bias, even the Dow Jones news bias is helping to drive this stock down, so I believe the forces at work here are more than just a little subjective. As I say, the company isn't as bad as its being made out to be, they have never lied to the public and they forecasting a good future .One good short squeeze on this stock and a run back up to 36+ is more than possible.
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