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Technology Stocks : Quarterdeck: Making a Striking Comeback!
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To: LaShark who wrote (2964)6/18/1998 10:15:00 AM
From: Jesse Livermore  Read Replies (1) of 3307
 
If they started with 22 1/2 million in April and they have cut overhead and sold assets and stopped radio ads and many magazine ads then they will have cash. The quarterly nut was down to 17 1/2 million sales for break even as my guess. They did 13 1/2 million net last quarter. But I am talking gross sales. It is possible that sales have really dried up and will come in shockingly low this quarter but with DiskClone, CleanSweep, ViruSweep, RealHelp, I don't see why that should be. No, I'd guess they beat last quarter's net and still end up with over 19million cash at worst. However, this is my own guess and should not be construed as hype to make you buy.

My advice is to sell to the sleeping point. That is, if you can't sleep with the loss you are looking at sell down to it.
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