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Technology Stocks : geoworks-gwrx

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To: Ibexx who wrote (17)11/19/1996 3:13:00 PM
From: Seth Leyton   of 75
 
Have you seen the fundamentals? GWRX is an absolute short. The company doesn't earn anything. It will not see any until April of next year and it is anybody's guess what they will be. Don't let wall street fool you. If H&Q put a BUY on anything I'll guarantee you that they've got a lot of stock to SELL! Yes this company has a support of 18...but one day it's gonna break it and fall. True value for this company? Around $8/share. If you tried to short it this morning you couldn't. Why? Only downticks. Not a good sign for a company with a "strong buy" recommendation.
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