XIRCOM (XIRC) 5/16/95 @ 16-1/8 Message Board

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Technology Stocks : XIRCOM (XIRC) 5/16/95 @ 16-1/8

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To: Scott Stents who wrote (840)	4/24/1998 5:37:00 PM
From: ItsAllCyclical	Read Replies (1) of 1096

Re: Takeover. I've watched XIRC for close to three years. Everytime the stock starts making a move people start saying takeover. If you are going to takeover a company why wait for it to gain almost 100%. More likely it was speculative buying and short covering. Given it's competitve market, growth rate and future projections, I'd say XIRC is fully, if not overvalued at 18. That doesn't mean it won't go higher. Typically high volume can also be a sign of a top. I would expect xirc to meet a good deal of resistance in the high teens. I'd look for it to trade around 15 again before it pushes thru 20, but in this market who knows. In the last 3 years I have learned to put little faith in XIRC management. This stocks has been in a trading range since it's inception.

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