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Technology Stocks : Spectralink (SLNK)

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To: techwatcher who wrote (9)10/17/1996 4:58:00 PM
From: frank doolittle   of 55
 
I can't think of any good reasons to buy more now. The company has lost its credibility with the leaks. The company has also stated that even though it will be marginally profitable this qtr. there probably will not be an increase in sales next qtr.which probably means the stock will continue to go down. The management is begining to second guess themselves on how to market their product. It seems that the marketing department is making excuses as to why sales are down and they are using the oldest excuse in the book. OUR PRODUCT COST TO MUCH. The solution is a new marketing department. SLNK has a good product and a needed product. It can be sold, Quarterly sales of 10 million dollars is not that far out. I don't see them doing this at least for the next two or three qtrs AND MAYBE NOT IN THE NEXT YEAR In the meantime one has to decide to take his/her loses or let your money just sit and gather dust. It seems that most people have decided to look for greener pastures with their money. Keep in mind I'm a novice at this and a voice in the wilderness.
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