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To: JOE W who wrote (1328)11/5/1997 3:18:00 PM
From: Michael A. Gottesman  Read Replies (1) | Respond to of 60323
 
We've dropped a point since the press conference began. People may have been hoping for a short play and are now taking a quick profit from the lows of last couple of weeks.

I think we'll see the impact through tommorows open after the market mulls over the info tonight.



To: JOE W who wrote (1328)11/5/1997 3:22:00 PM
From: OrionX  Read Replies (2) | Respond to of 60323
 
The one thing that I'm pretty confident in predicting is that the next few qtrs will be substantially profitable (royalties and sales) due in part the large market potential of the cellular phones. We're talking millions and millions of cell phones to be sold in just one year. IMO, this market is way bigger than digital cameras!!

Also, while I agree with "buy on rumour, sell on news", I don't believe this is a time to sell.

Regards,

Mauro.


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