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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play

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To: Jean B. Roper who wrote (107)3/3/1998 11:09:00 PM
From: megazoo   of 522
 
Technically, Visio is damaged for now. for companies like visio, that could spell early earning warnings. i don't believe that this is just a normal selling process, especially in this market. this thing has been going down for about a month, while the market moves higher.
i have used visio products and they are great, and that should translate into good investment;but the charts tell otherwise.
i would not initiate any position now. in fact, i would forget about visio for a while, since the ides of march are coming; and you know that always brings bunch of earning warnings, especially from tech companies. maybe good buying opportunity later. if not, there are always good buys somewhere.
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