Stock Watcher's Thread / Pix of the Week (POW) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 273.87

-1.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Fortune III who wrote (2823)	2/13/1999 8:21:00 PM
From: Stock Watcher	of 52051

Bill; on NMGC; thanks for the detailed post. Everything looks great fundamentally, but not technically. The stock is still trending down because it hasn't established a firm base @ $11.00. I'm watching this one closely. After it "double-bottoms", I'll feel much better. Until someone can give you a specific answer as to why the stock tanked from $21.00 to 10.50, I'd be a bit hesitant to be a buyer. You may want to check Yahoo Finance for upgrade/downgrade history. There's something not right with this financial picture. I would guess, they've either lost a client or their one big product (an accelerator) is about to face some competition. From what I understand, NMGC is a one product company with 4 major clients (one of which is HP); LOL, regards, sw

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next