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Technology Stocks : USRX

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To: Don Bebout who wrote (9526)1/30/1997 3:47:00 AM
From: Dwight E. Karlsen   of 18024
 
Don, if you look at USRX's 100 day chart, you will understand the need the regulars have of wanting to talk of other things. If you had invested in USRX 4 months ago, you would be loosing money right now. This was before any mention of x2. My recommendation is to buy USRX at any price below 70, then just spend your time elsewhere. The stock won't move by talking about it and wishing it would go up. The only thing that moves a stock up permanently is earnings. USRX mgmt is confident of $3.30-$3.35 EPS for FY 1997, and that will bring a minimum price of 100 by November. If remote access products continue to do well, we'll be seeing 115-120 in Nov. Buy the stock and forget about it. This period of price malaise is a carry-over effect from the days USRX was a momentum stock, prior to last May. Investors have had a wild and bumpy ride, which you see in the chart. This is a good company, and the stock will be solidly past 80 by April.

I don't know what to say of the USRX thread posters. Many are very knowledgeable, but many use the site as a chat room. I have been guilty of this myself at times. I don't think the off-topic chatting is going to stop. If you search the thread back several months, you will find it has been like this for a long time; although I will admit that the last couple of days I have found no posts of substance when pulling up samples from the day's posts. If the price of USRX is going down (yet again), the thread seems to deteriorate as well.

Dwight

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