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Technology Stocks : TranSwitch Corp: Will they get Zenith Business? -- Ignore unavailable to you. Want to Upgrade?


To: Outer-limits who wrote (623)6/7/2002 11:58:25 AM
From: riposte  Read Replies (1) | Respond to of 669
 
Isn't chosing not to sell the same as buying?



To: Outer-limits who wrote (623)6/14/2002 6:52:39 PM
From: tejek  Respond to of 669
 
I think its pretty darn obvious why they aren't buying their shares back - Corporate spending isn't coming back anytime soon. Did you see the tech analyst on CNBC about 1/2 hour ago. He said Nasdaq must hold the 10 year long term chart at 1450. I don't think it will hold, then we're all really screwed. I'm not buying ANY stocks under 1 buck at this time of year - they MAY be delisted down the road!!!
I'm not selling my share either!! I'm staying the course, staying with TXCC!!!!!!


This drop in sales is more than about IT spending falling off a cliff. These guys aren't getting any design wins period. Their chips must be obsolete. I am blown away by the amount of business they have lost.

ted