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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: dougjn who wrote (8838)11/7/1997 8:17:00 PM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 22053
 
That's great, Doug. But I don't classify COMS as a falling knife. In my definition, a falling knife is one that starts the trip with a very disappointing fundamental event. The stock will gap down and trade big volume (200-300% or more of avg). A classic recent example of a falling knife is INTC, after the most recent earnings. In COMS case, the stock rallied before and after the most recent earnings. But the earnings/cc weren't *that* great, so the doubts begin to work at the stock. Now COMS is simply caught in the general market correction, and it's not quite as strong a stock as some others at this point.

If Benhamou and friends could see fit to do another road show, the stock will fly up, just like in May-June. The analysts just need to be sweet-talked.

DK



To: dougjn who wrote (8838)11/7/1997 8:17:00 PM
From: Doug  Read Replies (1) | Respond to of 22053
 
Hi dougjn: I was drawn to your falling knives policy. Whats your est low and error margin.? The inventory stuffing could be worrisome. That risk could be included in the error margin which is usually reserved for Income. Thx