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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?


To: Don Roberts who wrote (645)10/21/1999 3:24:00 PM
From: KZAP  Read Replies (1) | Respond to of 1080
 
$250 bucks a share! Wow!
Can you believe it? Reminds me of BCST & NSOL back
in the day. <g>

Be careful out there!
Happy investing!

KZAP



To: Don Roberts who wrote (645)10/21/1999 7:09:00 PM
From: Jenna  Respond to of 1080
 
This stock is not more manipulated than ZANY or even any stock that doesn't announce a shortfall then all hell breaks loose after an earning report. They have succeeded in squeezing the shorts and the stock has gone from 157 to 247 in only weeks. Also longs are not living in ivory towers or in solitary confinement. We know there will be a correction but what's wrong with enjoying a 80 point growth while waiting for the inevitable pin prick to let some air out of PHCM. PHCM was and will be a phenomenal stock and the longs will know very well when to get in and short. I'm currently not in a position but I'll capitalize on any situation as it presents itself.



To: Don Roberts who wrote (645)10/21/1999 10:29:00 PM
From: H James Morris  Respond to of 1080
 
<<Also, the timing of the news releases ... they are trying to squeeze the shorts.>>
This is the best short squeeeze I've seen since Amzn of over 2 years ago. I was caught in that one. It took me over a year to come back up to air.
I did a short on phcm last week @221 and in only a few days it was heading down to 190's. Then Geez back up,BTC @221.
Hey, It was all over the place that a squeeze was going on ,but I took a gamble that some of the institutions might throw some shares at the float.
I'd like to point to anyone thinking about shorting what appears to us retailers as being over priced stocks.
(1) We're in a new economy
(2) The institutions will always decide on what's over priced. Not us.



To: Don Roberts who wrote (645)10/22/1999 6:40:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 1080
 
Spin

ok, let's admit that these days no one really cares about fundamentals; just stock movement
and this one has it in spades

but, just for fun, let's look at last nights "earnings" report in two ways

Company Report:
Revenues increased 600% from last years quarter
EPS decreased from a loss of .71 a share to only .16 and beat estimates
we are spending your money to build the business
stockholders equity is $87.6mm

Alternative report:
Sequential revenues tanked from 70% growth last quarter to only 25% in this one
Our loss increased from $4.3mm to $6.3mm but because we increased the number of shares 6 times from 5.5mm to 31.0mm the loss per share looks much lower
Deferred revenues stayed flat so whatever we were doing to generate revenues in the past has now stopped
The money we are spending is generating $1.00 in gross profit for each $1.37 we spent, so if we spend a lot more we can really increases our losses
Your book equity is a wopping $2.83 for our $250 stock price

Happy trading