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Technology Stocks : Tecnomatix Technologies Ltd. (TCNOF) - Any comments?

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To: Ariella who wrote (103)9/23/1998 7:52:00 PM
From: Bennett Zimmerman  Read Replies (2) of 113
 
Ariella,

The current problem with TCNOF is that the pros are most likely shorting TCNOF when they buy OSHSF. Hedging at its best.

Also, to lock in value of shares that will be received as dividend, players began shorting. The shares will be filled with the dividend shares, when received.

Company might have also anticipated such a move by players and used this opportunity to complete the buyback during this predictable period.

What I want to find out is how is the business momentum at TCNOF. It they still have a growing business (and that is unclear since all the analysts keep complaining about lack of visibility) then we should all be taking advantage of this fire sale. TCNOF is near cash value. (I have to go do the math)

So, that's the $64K question. How's business. Once we see that all these moves will be clearer.

BZ

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