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Technology Stocks : Cybermedia (CYBR)
CYBR 505.82-0.5%3:59 PM EST

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To: Pierre Aydin who wrote (252)3/13/1998 1:07:00 PM
From: SShuda  Read Replies (1) of 306
 
Any theories? After y'day's terrible announcement, the stock opened at around $5.50, but it has since been bid up above $7. That is about the level it was trading two months ago when the DSO problem was announced. Now we know the problems go far deeper--1Q revenue approximately 60% of last year--the product is not selling--and this has led to drastically increased product returns.

Who is buying today? Do they really think the company is worth more today than 60 days ago?
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