SI
SI
discoversearch

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 : XIRCOM (XIRC) 5/16/95 @ 16-1/8
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mighty Mizzou who wrote (963)4/7/1999 12:44:00 AM
From: Rarebird  Read Replies (1) of 1096
 
There is no fundamental rational reason for XIRC's fall from grace. XIRC is a great company and the Industry leader. I cannot accept XIRC's fall based on COMS problems or the rebates offered.
XIRC's fall is a signal of what will eventually occur to the Internet Stocks and Nifty 25. Money is coming out of great small caps like XIRC to support the S@P 500 and Internet stocks. Two thirds of all Nasdaq Stocks are in Severe Bear Markets. Mutual fund and pension fund Managers are selling their losers and unprofitable investments to enter into the few winners. An explanation like this will undoubtedly not satisfy some of you here. But there is no fundamental explanation for the 50% drop in price. At some point, the value players will come in to support the stock. At what level is hard to determine; for XIRC has a big institutional sponsorship and THEY are the ones Selling Big Time here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News