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 : VIAS VIASOFT & THE Y2K PROBLEM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Grashopper who wrote (1764)10/9/1998 10:53:00 PM
From: TsioKawe  Read Replies (1) of 2067
 
Thoughts on VIAS.

1. expecting 3rd quarter losses of 4-8 cents per share. when the books are completed they usually come out better than estimates, possibly a surprise to the upside.

2. Short interest at 700,000 shares, when do the shorts cover before Oct 21 or after.

3. announced 1.5 million share company buyback, possibly 3 days after 3rd quarter earnings release..

4. looked like the MMs wanted the stock above $4 plus, then came some friday afternoon selling, price back down to where we opened but did not loose ground.

5. Market cap 75 million, company has 75 million in cash and equity.

6. when the stock broke through the lower bollinger band, the trend reversed, possible run this month to the top band, with all the future action in the last 2 weeks.

thoughts anyone??
JMHO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext