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Technology Stocks : IBIS
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To: robert who wrote (124)3/5/1998 12:04:00 PM
From: David Rosenthal  Read Replies (1) of 301
 
Robert,

I agree with you. I agree so much that I took the opportunity to cash out when it broke over 10 last week. I missed some profit but I was surprised to find the price up here. I have always thought that this was a 1999 and beyond technology but so far, I just haven't seen the ramp up of new applications that I would have expected by now if wide acceptance was in the cards. Additionally, there are also more competing technologies currently that achieve the same low power benefits than a couple of years ago. IBIS may still turn out to be a winner but I don't think the picture is clear right now so I considered the current price a gift that needed to be taken.

Good luck,

Dave
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