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Technology Stocks : VOXX (AUDIOVOX CORP) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Vayda who wrote (75)	3/16/2000 2:30:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 168

Jeff, I loved VOXX below twenty, really, really liked it at 30, thought 40-50 was fully valued, but was willing to let it run. My motivation to sell was basically a valuation call simply because competition will always make margins a potential issue. I'm not saying that I think margin is pressure occurring now, but even the potential makes for the extreme volatility we have witnessed over the past few days. I just have this feeling that VOXX will have to be perceived as a "value growth stock" again before we would see the kind of performance we saw last year. This from the CEO is what would make me skittish about VOXX at 70... >>`These initiatives, combined with continued investments in developing digital technologies, new relationships with manufacturers and strong penetration of both the wireless and consumer electronic markets should position us well for solid results in the year ahead. Of course, the wireless and consumer electronics markets are among the most competitive and challenging. One must be ever mindful that our continued success depends on our ability to respond to competitive pricing, technology and supply issues while maintaining our profit goals.'<<