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Technology Stocks : Aviat Networks -- Ignore unavailable to you. Want to Upgrade?


To: Rob Preuss who wrote (178)8/5/2008 5:52:56 PM
From: The Ox  Read Replies (2) | Respond to of 312
 
Sorry about your loss with HSTX. I'm comfortable with their potential but, like you, I'm very disappointed with their restatement. The price appears very attractive under $8/share, so your loss may be temporary. The stock did not stay under $7 for more then one day, which is a decent indication that there were plenty of buyers at that level. Also, there a few good sized blocks traded last Thursday during the one day massacre.

Its going to take awhile for the market to warm back up to HSTX, imo. Obviously, the company can do a lot to repair their damaged image with solid execution in the next few quarters.

Best of luck,

TO