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Technology Stocks : USRX
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To: damniseedemons who wrote (12730)2/22/1997 8:46:00 PM
From: Fred Fahmy   of 18024
 
Sal Habash,

<<Also, I've never seen anything except vague remarks about the >$1000 PC (wich CYRX's chips inside).>>

Perhaps you simply aren't as enlightened as you think. The CYRX news has been out for a long time and has been well covered by the industry. Everyone who follows the CPU industry knew about the $1000 box just like everyone who follows the modem business knows about 56k. The CYRX/Compaq box has been discussed thoroughly right here on SI among other places. It has also been discussed in most of the trade journals I read.

<<Anyway, oftentimes, stocks get a decent pop on anticipated product announcement--but that's only when the overall market is in a good mood and going higher. Again, Wall Street isn't too happy with the networkers and techs at this point. I took that into consideration when I made my post.>>

Again facts argue against your comments above. The fact is that CYRX's huge pop came in the face of a very negative tech downturn which was lead by the semi's.

You still haven't explained how you figure that X2 is built into the stock price when the stock is now trading lower than when 56k was firt mentioned by anyone. Usually when someone says something is built into the stock price it is because the stock has already increased due to the upcoming news. Clearly this is not the case with USRX.

FF
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