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 : Davox
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Patrick Sharkey who wrote (323)7/24/1998 4:20:00 AM
From: Czechsinthemail  Read Replies (1) of 439
 
There was a downgrade by FAC First Albany, but I haven't seen any others. The trigger for the selloff was a weak report by EISI, suggesting either weakness in the outbound market and/or DAVX grabbing more market share. My guess is that DAVX is gaining market share, and their combined inbound/outbound capabilities should enhance their competitive position going forward.

I think some people became anxious about the missed contracts that are being carried over into Q3 because the overall forward-looking statements were fairly conservative. For those who are patient, the likelihood of a strong Q3 beating the more modest estimates is pretty good. You are probably right that landing the contracts in Q2 would have boosted the stock. As it is, I think DAVX should show a strong 2H98. It is an incredible value at these prices.

Baird
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News