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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Bill Arndt who wrote (1563)4/27/1998 11:34:00 AM
From: Martin Goldenberg  Read Replies (3) of 2018
 
Bill, I agree that PCX SW is going strong. Investors always focus on the growth though.

So a 10-12% growth in profit in connectivity SW represents a nice income but the growth is slowing through product saturation unless they make entry into other key geographic markets. e.g. such as Asia, if there is growth there, which I do not know.

This $7B BI market is the key to HUM's future growth. I am sure they recognize that "sooner is definitely better". Thus their aggressive short term targets in this product area.

Proceeds from connectivity sales provide the financial foundation to be successful in the BI market. Short term stock price is a concern for me at the moment. I do intend to wait it out though.

Who knows, one good announcement tomorrow can turn investor sentiment around overnight. I've seen this kind of thing happening many times before.

Martin
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