Fred,
Trust me, CYRX's announcement isn't nearly as widely known as you think it was. And in any case, no one was sure of the release date.
>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.>
Fred, everyone knows that x2 is coming "soon." What's going to be new when they finally say that it's here? Nothing. Nothing new. We all know that they are going to ship a 56k modem, so it's no surprise.
Like I said earlier....USRX has been going down, because:
1) The tech market (networkers) are going down.
2) Wall Street is worried that even if x2 ships today, Rockwell is no longer way way way behind (this is yet to be seen).
To me, that is "clearly" the case. Note, that when USRX ran up on the initial x2 announcement, the technology stocks (especially the networkers) were looking really good. Since then, Wall Street has obviously decided that the networkers were too expensive.
Sal Habash |
