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Technology Stocks : US Robotics -- Good time to short?
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To: Michael O'Hara Garcia who wrote (121)3/20/1996 12:34:00 PM
From: Dantes   of 142
 
Michael, looks like USRX is finally showing a bit of weakness, although this is likely just an overall investor sell off of tech stocks due to DEC's announcement. Some people are very positive regarding USRX, hence the recent buying spree.
With respect to Corel, it does appear as if it has formed a base at the current price range, however, investors may not be willing to pile into the stock until there is a clearer indication of how the WordPerfect side of the business is fairing. Their CEO (Cowpland) seems very positive but they have yet to make public any promising numbers. Stock is worth watching, but until positive WordPerfect news comes, the upside is likely limited.
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