SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BORL: Time to BUY!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Miller who wrote (9959)4/20/1998 6:57:00 AM
From: Ghassan I. Ghandour  Read Replies (3) of 10836
 
People on this thread, talking about cups and handles, doing TA using long terms charts ignore a very important fact. The numbers of shares outstanding (or effective number taking into account options issued to employees) have practically doubled since BORL was last at $5. So, today at $10, it is like practically back to $20. Also, it is like taking a stock which had a split (that wasn't actually paid up to shareholders, here) and continue doing TA with the numbers without adjusting for split. Isn't this actually ridiculous? But, so far so good (I'm not complaining -- it suits me). Ghassan.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext