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 : 7th Level
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gokhan Gezmisoglu who wrote (766)4/22/1998 5:23:00 PM
From: Marty Lee   of 1019
 
Gokhan..

I respect your fundamentalism. But you're oversimplifying matters.
You could make the same case against Yahoo!, Excite, Lycos, Infoseek... Many companies stock prices change dramatically upon news that affects their future earnings potential. SEVL is one such case.
It's gone from under $2 to $13 in two days and "settled" about $8. Hardly a "dog" stock now! As I said earlier, recent events have revised 7th Levels full and fair market value upward and for good reason. I expect more of the same in the near future Aside from the initial "over-reaction" to the good news and the usual volatility created by profit taking and short selling, the stock's price will depend upon 7th Level's growth rate which will be beating the market averages quite nicely. I think it would be more fair to compare 7th Level to other stocks in its "industry group" such as, perhaps, 3dfx.

Your friend,
Marty
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News