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Technology Stocks : SANCHEZ (SCAI) -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (122)9/19/2000 3:03:24 PM
From: opalapril  Read Replies (2) | Respond to of 139
 
Lots of other things working against SCAI too, in my opinion. Earnings have not been growing. Less than 50% of sales are in U.S. so troubles with the EURO and in Asia are bound to be negatively impacting earnings. Banks are still on their knees and several are under M&A pressure to consolidate, which constricts the available market for SCAI. Internet stocks and B2C companies are out of favor, and while SCAI is not exactly in that category, it's close enough. The e-Profile half-arse spin-off doesn't make total sense to a lot of people (me included). Insider ownership is unimpressive. Chart looks terrible for those into candlesticks and such. Very hard to see any compelling reason to buy. Easy to see reasons for selling as long as the company fails to produce stellar earnings.