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 : NTN Communications, worth 185 million?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: musicguy who wrote (2495)6/4/1998 7:24:00 PM
From: dwight vickers  Read Replies (1) of 2985
 
Take a look at a chart.

Declining highs on each rally since the "spike".

It's only a matter of time until this negative chart pattern resolves itself to the downside. Through the $1 1/8 lows that have been holding so far.

If it can stage a lasting rally that breaks the downtrend (for more than a day, this time), and starts an uptrend, I would have to re-evaluate.

Catalyst for a rally?

Let me see. Dwindling cash (from continuing operating losses), falling revenue (see sales), horrendous sales performance (below quota set at a small fraction of year earlier quotas), continuing high levels of churn, continuing management (overpaid management!) mis-steps, aged infrastructure, parabolic shareholder dilution.........

Have to stop, sore fingers.

Dwight (insert disclaimer)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext