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Technology Stocks : HAUP - Hauppauge Digital -- Ignore unavailable to you. Want to Upgrade?


To: Don Roberts who wrote (1086)2/11/2000 10:32:00 AM
From: John Chapman  Respond to of 1149
 
We will see if institutions step up to the plate. That wil be a true test if they really like this stock at this price or not. Meanwhile I gave in to the shorts and sold at 71. I have to hand it to them, they are really organized. But why fight them at this time. Later.



To: Don Roberts who wrote (1086)2/11/2000 10:37:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 1149
 
Don, once more, you are echoing what I said yesterday (time to take chips off the table), but this company is growing at 50% at least and may be associated by the market with the current "new economy" (whatever that is), so the run may not be over. If you short, be nimble.

They have a good chance of earning close to $2 next year (I have a target of $1.90), so a PE of 50 would get you pretty close to $100/share, still a double bagger from where I intend to get back in.

Good luck to the shorties, I usually love them since they provide great support during declines, and fireworks during breakouts.

Zeev