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Technology Stocks : USRX

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To: Scrapps who wrote (12627)2/22/1997 6:48:00 PM
From: damniseedemons   of 18024
 
Scrapps,

Think of it....

Everyone knows that x2 will ship pretty soon, so it's no secret. Because of that, an x2 shipment (as in, you will be able to buy it at the store) in the next week or so is already priced into the stock.

What I'm trying to say, is that if x2 is made available next week, the stock won't react much. Maybe a short-lived pop of a point or two, but that's it, IMO. Like I said to Chi the other day, shorting USRX shortly after the x2 announcement might make for a good trade (I probably won't do it, though).

Where USRX goes, will be determined by the market's trend, how close it seems that Rockwell's partners will be shipping their 56k modems, and how well the market embraces USRX's x2 technology.

Sal Habash
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