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

To: Fiscally Conservative who wrote (6501)	10/19/2000 9:57:20 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

I am still in HAUP, I doubled up at $4.125 just in the last few days, but my patience is waning. I do not expect to see this quarterly report until the middle of November. If the stock closes under $3.25 I'll be out. My average cost is now $5.25, and am quite "under water" on this one, and unless I see some real volume coming in at the tail of this rally, I'll be out whatever I can get (g). It may take sometime before the digital TV business ramps up to get HAUP back on the growth path. Mind you they are selling at about twice book and at less than one time sales, but if their quarterly sales continues tyhe recent trend, they are "cooked", they may even run out of cash if they continue burning cash at the last quarterly rate without getting positive cash flow to the bottom line. Zeev