Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Perceptron (PRCP) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Williams who wrote (11)	10/31/1997 6:13:00 PM
From: Ron Sovak	Read Replies (1) \| Respond to of 34

PRCP tanked today due to missing 3d QTR earnings by $.03/share. Earnings wer $.33 per share for the quarter. On top of this the company announced that the $th QTR may also miss due to delayed orders . The triple whammy was a downgrade. IMHO this is still a growth stock!! Delayed orders are not indicative of a downturn in buisness or of flakey financials. It's been my experience that stocks that fall back due to customer's delaying of orders eventualy bounce back. I took the drop as abuying opportunity and double up on my shares. Note that the delays in orders were from the forestry division and the (main growth area) automotive sector. Hang for a QRT'r or two and we'll be back in the mid $30s.