Sal:
How did you know, then, that Intel had bottomed at 49 3/4, just because it had risen to the mid-50's, a mere ten percent rise ?
Using this logic, you would have bought Cisco after it had fallen to 58 and rebounded to above 64 (another ten percent rise).
When Intel had fallen to 50, it had just released an unimpressive earnings report and said the next quarter would be flat. They didn't even bother to say when things would get better.
Now that Cisco is back at 58 again, to what price does it have to rise before you will believe that it has broken out (and that 58 was in fact its bottom) ?
I'll ask the same question for USRX (which I am guessing will not bottom until people KNOW that x2 has shipped from the factory).
Let's say it gets down to 50. Will a return to 55 be enough, will it have to rise to 60, for how long will it have to stay there, and what other factors will/would play in your decision ? Also, what if it were to rise from 50 to 65 in one day (quite possible with this stock). Would you jump in, or figure that it had gotten ahead of itself ?
BTW, I got out of this mess last week, but plan to go to CompUSA the first day it is for sale, stick around for an hour or two, and count the number being sold before I determine whether to get back in. I do firmly believe the company has blown this quarter (from 2 to 10 cents per share downfall).
One more question: Do you know exactly what is meant when they say the modems are software upgradeable ? Until recently, I assume that meant you downloaded some software from their site, and then ran a program to transfer it to the modem. But that would mean a form of RAM saved by battery (since the modem won't always be on), and I doubt that is the case. This can only mean that the software actually runs inside the PC. If this is true, then I suspect a hefty portion of your CPU will be consumed, and that slow 486 PCs (maybe some not so slow) would have a lot of trouble keeping up (at 115 Kbps DTE rate). If so, that could be a big problem for USRX
Doug |
