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Technology Stocks : EMA Emagin - The answer to US display technology -- Ignore unavailable to you. Want to Upgrade?


To: Clouseau who wrote (26)6/22/2000 8:14:00 PM
From: Jdaasoc  Read Replies (1) | Respond to of 50
 
Dave:
I all a matter of how much time and money the spend before they start to make money. Everyone said what was going to be the next Qualcomm. Now they are know it is RMBS. RMBS burned about $100 M in accumulated deficit before exploding this month. EMA is at about $70 M and I don't think they hvae the potential for $100's M in earnings per year. PANL with a much smaller accumulated deficit and lack of failure has a better potential than EMA IMO.

john



To: Clouseau who wrote (26)6/23/2000 9:14:00 AM
From: eichler  Respond to of 50
 
hi dave,

I've been watching EMA with interest since the price was about $17 and falling. Fortunately I had the discipline
not to buy this rock until it began trading the 8-10 range.
In and out with 10% plus profits. I like this company long
term as I believe wearable computers will someday be a big
thing....I'd buy one when available and prices reasonable!
But, it is important to note that right now, the company's
cash flow is not very attractive and I would guess that the
product will be still a bit of time from hitting the market.
For now, I will continue playing this one off of IQ's 60 min.
charts, using stochastics and ADX to buy the rallies and profit-take the turn-arounds. I don't know that this will
take off anytime soon for real as the financials for this
company are terrible and not likely to attract hoards of
investors in the near-term. Good luck!
Eichler