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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (6209)10/12/2000 12:49:33 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I have stayed with it and am ready to double up position here just near $4. There is no rush since they are not going to report until November. I also do not expect great positive surprises, but I think the stock is "cheap" selling well under a PSR of 1. I still expect it to be a flyer once HDTV becomes more prevalent. They have no debt, and have about enough cash to withstand another few quarters of losses, but I think that next quarter will get them to be positive cash flow already. I do not expect it to run any time soon.

Earlier this year, HAUP has been pretty good to me, so I'll be patient ewith it a little longer. If it breaks $3.75, I'll be out.

Zeev

irrevolute.iuma.com