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Technology Stocks : VocalTec (VOCL)

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To: shlomi cohen who wrote (1583)6/15/1998 1:04:00 PM
From: peter grossman  Read Replies (1) of 2349
 
"He said that only during the last 2 weeks of the Q he knows how was the Q "

This may well be the reality, but it is not how you want to run a business. Also, in my experience, it is wise to interpret company officials' comments with a skeptical bent, taking particular note of qualifying phrases.

We can expect volatile sales results, but with this comment, I am not too optimistic about this quarter. And I don't know how favorably the market will react.

Nonetheless, I agree that the cash in hand provides a downside buffer. Also, the price/sales ratio is quite tenable at these levels for a development company.
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