I doubt if they will be bought out by qntm.
As for mxtr, its a volatile stock. I bought
at 6.25 today and hopefully it will rise.
Just about a month ago the stock was at 5 bucks,
due to someone dumping an excessive amount of shares.
The company is not bad to invest in, they had a good
quarter and seem to execute well. If the Nas rebounds,
it goes to 7-8 bucks a share, a decline in the NAS
to 2300 points will send it south to around 5 bucks.
THE p/e ratio for mxtr is low, a good sign. Also notice
that the avg volume is 3 million shares yet on a bad day
it only traded 1.4 million shares, another good sign.
So why is this stock mishandled when its competitors are
doing well you ask? Well MXTR carries a bad weight with
them for dec 97 and earlier reporting quarter after quarter
loss. I think this is a critical year for them, they must
meet expectations each quarter to survive. If they fail
to meet expectations at any point WATCH OUT, you may be
looking at a real low value, my guess is 3 bucks (if they
fail). Current expectations for this quarter are 3 cents,
which I think they can achieve. Just my opion, take it
for what its worth and HAPPY INVESTING! |
