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Technology Stocks : Noise Cancellation Technology (NCTI)

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To: jean1057 who wrote (2400)10/22/1998 11:24:00 AM
From: MIKenn  Read Replies (2) of 2775
 
I think that the volume is only reflective of the company's recent notoriety via the share holder's meeting. However, the trend continues downward. It may not drop 50% tomorrow but I suspect the 50% fall and more will occur over a longer horizon.

The management has developed a significant following (among lemmings) with its impressive technology shows. That must be what is staving off a faster price fall.

Even if the company survives for another year (or longer) I do not foresee shareholders ever seeing appreciation of the core holdings.

Disclosure: long on 10
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