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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (42045)	6/27/2000 10:36:00 AM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

Don't look now but QCOM is looking pretty good. I bought Yahoo because you said it looked pretty good the other day. thanks bud dawgy

To: Jorj X Mckie who wrote (42045)	6/27/2000 10:44:00 AM
From: Original Mad Dog	Read Replies (1) \| Respond to of 63513

So the real questions are....Do I exit now and put it in something that is a little more reliable or wait for the DCB to exit? Here's my take on it, FWIW. The problem is twofold: (1) sales are not ramping up as fast as was hoped (increase was 20 percent instead of something much higher); and (2) management has done something highly untrustworthy, and will not soon be forgiven. As for the sales, I think they will come. Cable modem rollouts have been painfully slow, but I still believe they will happen. Where I live, we have neither DSL nor cable modem service yet. I literally know dozens and dozens of people who are going to sign up, on day one, with whichever broadband alternative comes first. And as that scenario plays itself out across the country, we will see sales ramp up faster. As for management, they will not be able to regain trust for a long, long time. They may even be offering up some sacrificial lambs to placate the Street (Will this CFO still be employed in 6 months? I think not.) Oftentimes the stock just sits there in a tight range, licking its wounds, after something like this. I would say that 20 to 30 is a reasonable range for the next 3-6 months. But toward the end of that period, if the sales eventually do ramp up (and I believe they will), there will be another run. The lawsuit will have little effect on this. All they have to do is pay off the lawyers and convince the judge that the case is too risky to take to trial. So I would exit now (or in the next few days on a bounce to the high 20's or low 30's) and then keep it on the radar screen for management changes and a rekindling in about 6 months. MAD DOG