Certainly this is not a reason for the one day rush to "stardom" (with the 43% gain!).
StockGrade.com initiates a grade of C- for the securities of STAC SOFTWARE INC.
Small Stock News Network - April 06, 1999 10:24
Omaha, NE --(StockGrade.com)-- April 6, 1999. StockGrade.com, a proprietary stock grading service, which is based on a company's historical earnings and sales growth momentum initiates a grade of "C-" for the common shares of STAC SOFTWARE INC (STAC: NASDAQ). StockGrade.com analyzes and grades the common shares of over 15,000 equities utilizing an A, B, C, D or F grading system. Additional information on this company, and others is available on StockGrade.com at stockgrade.com.
For more information contact Teddy J. Kurtas at Park Avenue Capital Corp, parkcap.com, at 212-727-3120, or e mail at info@parkcap.com.
I do not see this stock going up to far in the near term, IMHO. I thought earlier this year, that Y2K issues would increase sales of ANY backup related issues (I also like ADIC) further into '99. Any opinions on Y2K spending. Have most companies covered themselves already or will there be more spending?
The other reason this stock might go up soon is the reverse stock split flag that was waved in the last proxy. Anyone know if this passed at the meeting?
Jim |
