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Technology Stocks : Xicor ? -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (2685)12/4/1999 11:46:00 AM
From: steve olivier  Read Replies (1) | Respond to of 2920
 
Jeff,

Yes I have noticed, however, I don't pay as much attention to it as I use to. I haven't been able to reconcile why someone who wants to buy stock in size would want to advertise it to all the "little people". However, that is not to say it has no value.

The more telling info for me is the addition of TUCK and NEED to the level 2 screen. This tells me that we are going to get some wall street coverage soon. As I posted a while back when they first showed up - get ready for some action.

Xicor is still so undervalued that it isn't funny. Even at $12 it has a market cap of only $240mm, an amount which if laying on the ground, people on wall street wouldn't even bother to bend over and pick up!

If this company starts growing the top line, they should get a market cap / sales ratio of at least 3. You can run the what-ifs. I'll suggest one: 200mm sales x 3 = 600mm /20mm shares = $30 per share.

I smell top line growth in the near future. Your tip off was the insider buying this summer by people in the sales group. I smell wall street coverage. Your tip off is TUCK and NEED as mm's.

I smell $30!!