USRX Message Board - Msg: 863995

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.

Technology Stocks : USRX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Marshall who wrote (12634)	2/22/1997 12:27:00 AM
From: MarkM	of 18024

JUST IN FROM THE WIRE!!! ... (02/21/97; 11:56pm EST) By Short-it-Quick, Modem Reseller News USRX is reported to be down to $2.50 in after hours trading following a series of delays in the release of its highly touted but as yet unseen "x2" modem technology. Laurie Lentz, a senior US Robotics spokesperson said "We see this as an excellent buying opportunity that we have provided to the investment community. In addition, for all stockholders who bought at $62 or above we are offering a free 8 meg memory upgrade to offset the lost value of their shares. We know of no one else in the industry who is presently doing this, and as such we continue to show leadership in new and innovative ways. Also, any stock purchased within the past 6 months can easily be upgraded to CSCC shares via software downloaded from our web site. We found CSCC's shares to be the most representative of our "x2" technology, as they have followed our own stocks recent performance so well. When asked why shares had plummeted to $2.50 in after hours trading Ms. Lentz replied "I don't know ... probably investors were too embarassed to sell them at $2.50 during normal hours". When asked if this would adversely affect US Robotics quarterly earnngs she said "What earnings?".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next