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Technology Stocks : USRX
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To: Ted B. who wrote (8112)1/14/1997 5:03:00 PM
From: Keith Howells   of 18024
 
Ted,
You ask a good question regarding the increase in share price even in the face of a good Q4 report and earnings. An announcement of earnings that meet expectations may not move it at all, bad earnings will drop it like a rock over a cliff. I believe they will hit the expected number.

Remember we have gone through a month or two of 'scares' as retailers announced worse than expected Christmas sales - bad for USRX in investors eyes. Now we've just had Shiva and Boca come in below expectations. Same negative spin on the modem producers. I wouldn't expect people to jump on this bandwagon just yet. Let's see what happens after X2 hits the streets and USRX is the only one out there with the 56K technology. That's what I'm waiting for. If it doesn't move after that I will consider selling.
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