Re: Jon K. Shorting AWRE
Jon,
Anything can happen.
BTW, Jim Wilkinson thinks PAIR & WSTL is a bargain price right now, especially PAIR. ( I think PAIR and AWRE price should be about the same, which means...)
You need to finish the statement.
1. AWRE Falls
2. PAIR Goes up
I agree AWRE looks over valued at this point, but you can never tell. Who would have thought (but a handful) that the Hype in the 1st half of 96 would have drove PAIR, WSTL up 8 fold with each splitting 2:1?
PAIR & WSTL are at a Bargain Price, as I mentioned, though that statement is based on G.Lite modems coming out of the woodwork, with lots of PR from all Co.'s and the hype driving PAIR & WSTL through the roof again.
As a few here might remember I had warned many times to BE AWARE in '96/'97, as I had a strong dislike for AWARE mainly because of Jim Bender who came off like a Snake in person.
Bender is gone and AWARE is much different, with many Deals and partnerships. AWARE's strength comes from IP, it's alliance with ADI, and it's constant ability to make itself look good.
There maybe a group of MM's that may want to take AWRE to $40. and Split, then see it run up again with the rest of the DSL'ers after the first of the year.
And yes! it could very well fall and be a good short buy now, but one thing I've learned in DSL stocks never think you know what's going to happen
One thing for sure, right now AWRE is showing strength $25! Do I hear $30?
My Charting program ITRADER is not updating my Day Charts, I have two indicators I use, with variables I've set, that give me great insight as to where a stock is headed near term. I'm in the dark right now. I'll E-Mail you when I get my Data back online.
Johnson also pointed out that relative to the two most prominent technology IP companies, MIPS and Rambus, Aware has an attractive enterprise value to revenue ratio coupled with strong revenue growth. He believes that these two factors are not fully reflected in today's stock price.
"In addition, both MIPS and Rambus are operating at or neat their respective operating models, while Aware is approximately two years away from reaching its operating model targets," said Johnson. "As such, we believe the possibility of multiple expansion combined with increased profitability over time should continue to drive the stock."
Click News at the bottom of the page and read DEC. 7th
JW@KSC
|
