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

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To: Glenn Norman who wrote (109)3/5/1998 3:36:00 PM
From: Adam Nash  Read Replies (1) of 522
 
All this short-term trading seems to be a bad match for Visio. This company is fundamentally sound, with a great set of products and a great business model.

Sure, there are fluctuations you can try to map and take advantage of, but you could get burned pretty easy because the long term trend of this company, IMHO, is very much up.

I bought in at a split-adjusted 21, and invested more in the recent dip to 36. I know it may go lower again, but it's hard to be sure.

It had a huge gain last year, so it will take time for earnings to digest it. At the rate of current growth, though, it won't take long...
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