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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (1196)	10/23/1997 9:57:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 3441

A short squeeze? That's the second time I've heard that on this thread. Is there any evidence of this? What makes anyone think this stock is being short squeezed? Along with the other things you mention, AVNT also does not have the important hype behind it to support it either. I agree short squeezing AVNT would financial suicide (to the squeezers) and really just can't believe it would happen. Don

To: Cosmo Daisey who wrote (1196)	10/23/1997 10:25:00 PM
From: Mama Bear	Respond to of 3441

>>> All the great short stocks have had this kind of support all the way down to $2 and below. <<< And if you don't believe it, go to the Solv Ex thread. They are still there, believing that SOLVQ will rebound if only the evil shorts (led by that master of deception Asensio) will go away. They refuse to accept that the company is broke and selling off it's assets for pennies on the dollar. FWIW Barb!

To: Cosmo Daisey who wrote (1196)	10/28/1997 4:03:00 AM
From: Chung Yang	Read Replies (3) \| Respond to of 3441

>>>I am puzzled by the optimisim expressed by the longs on this board. I guess I will never understand it. All the great short stocks have had this kind of support all the way down to $2 and below. If I was long or considering going long I wouldn't go near this stock knowing the history of the company. It seems the longs are the last to get the message. A short squeeze isn't going to happen because too many shares are out and the danger would be holding the large number of shares necessary to put the squeeze on when the price collapses, stupid things happen in the market but tring to squeeze AVNT would be financial suicide. If you look at the chart it should be telling you that the rallys are getting weaker and the lows lower. I would bet that the funds are manipulating the daily trading to ease out of their positions. Coz <<< Yes, I do agree that this is a risky stock. All tech stocks are risky. But if you know as much about the EDA sector as some of the investors on this board (e.g. engineers who use AVNT, CDN ... products daily and who comes in contact with officials of these companies), you will know that the fundamentals for this company is good. The way AVNT has position itself in the EDA sector through mergers and acquisition has made them a legitimate big time player. AVNT has experise on sectors that neither CDN and Synopsis don't have, which alone will generate enougn income for the company to continue to be the number 3 player in the sector. I see the only support for a short position is the possibility of an negative outcome for the law suit. While this has a major impact when the enjoined product figure prominantly into the companies financies in the early part of this year. This is no longer the case right now. Whereas the product in question accounts for about 75% of the revenue earlier, now it only accounts for 25%. I do admit a negative outcome on the litigation will have an effect. But it won't destroy the company, the fundamentals is simply too good for that. The backlog looks good; the major customer wins looks good. But if by chance, the stock drop to the level that you speak off (it won't, if AVNT drops to $2/share, we'd have a tech stock sector wide crash). Buy! For the funds to manipulate AVNT position in order to get out is probably pretty hard. SEC has regulations in place to prevent that. It would have to be a collusion(sp?) among fund companies in order to cheat single investors our of their money. How likely is that? As of today, market dropped 7%, NASDAQ dropped over 100 pts, I am getting killed on my INTC position. But I've lost only about 1-2% on AVNT. I am surprised on the confidence that investors have on this stock. But the world wide market slide continues so I don't know what is going to happen tommorrow. I just wish that I had more cash so I can start bargin hunting. - Chung