EXABYTE - ANY FUTURE ??? Message Board

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Technology Stocks : EXABYTE - ANY FUTURE ???

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To: brother who wrote (13)	1/16/1997 12:19:00 PM
From: Wil Faller	of 17

No I don't work there, yes I am familiar with the company and the management history. Their latest earnings report indicates that they are having difficulty selling their products. Several factors probably involved; some manufacturing as they claim, certainly lots of competition and lots of alternatives on the market. This second part is potentially the real problem, since it is not clear why this should change going forwards. If you look back in history at the last time they appeared to have a similar problem, late 80's something like this, the stock bottomed out around the 6 to 7 dollar range. Does history repeat, well maybe or maybe not. Granted this may not happen. Clearly, this stock has a lot of support. A lot will depend on what the analysts have to say. I fully expect that this stock will bounce back to the low to mid teens. The question is when, and how low will it go before it does bounce back. I honestly only trade this company, because they very reliably do not make earnings.

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