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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (40122)1/5/2001 3:44:04 PM
From: SpecialK  Respond to of 42787
 
JRI, Relax, breathe in, breathe out.

Look out 3 months, 6 months, sure warnings all around today and next week, etc. Good companies may warn, but their stocks have been taken down, they may go a little lower, but don't you think the outlook will improve in 6 months or less. Consider the REAL companies that still got taken down 60-70%, don't you see them higher in 6 months?

As far as everyone and their mother calling the bottom the other day, after that rally, I don't like it. It means that we will break it and see lower prices, driving more fear into people for just that purpose, driving fear into the hearts that are weak.

Heck, I see a downgrade from UBS Piper Jaffray on AUDC, this stock IPOd in June of 99, in 1 1/2 years, sales have improved greatly, the stock went from below 10 into the 70s, from October 2000, it has gone down 60 to 10 and now this analyst is downgrading, lowering his price target to $25.
If it goes 10 to 25, wouldn't that be a Strong Buy, but is is only a Buy. They will earn .60 this year and .80 next year. They dropped in early Dec on NMSS warning, to 10 and had 9M shares traded, Money flow is positive from that day going forward. And here we are visiting 10 again.

I don't want to be blind here, anyone have thoughts on AUDC, in voice over IP area, especially those that view this stock breaking 10 by a lot.



To: JRI who wrote (40122)1/5/2001 9:14:42 PM
From: NucTrader  Respond to of 42787
 
>>Anyone getting out before the weekend?<<
I got out this morning at 0835 CST.