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


To: BILLYJEANNE who wrote (2436)11/10/1997 7:10:00 PM
From: Teddy Harton  Respond to of 5036
 
Last time Shiva broke 10 there was support at 8. If this is moving
in sympathy with Ascend, hopefully a support point is near.

Going back there was as much pessimism as there is now about
Strategic direction of Shiva. New blood will hopefully help as well as
shoring up of management ranks. While this price erosion is painful
look at chart for trade pattern historical and remember solid cash
position offers some downside risk.



To: BILLYJEANNE who wrote (2436)11/10/1997 7:17:00 PM
From: Ed  Respond to of 5036
 
You were right about the market being part of the problem. Now, if
we are entering a bear market (sooner or later, there will be one),
I am sure Shiva's price will not be going up.

I agree with you about the management team, however, as I have stated
here before, Shiva depends too much on NT. Until they learn to do it
on their own, they will not attract too much following on Wall street.

Hopefully, the new agreement will give Shiva more freedom to compete
in North American markets.

Ed



To: BILLYJEANNE who wrote (2436)11/11/1997 4:56:00 PM
From: Dave Jacob  Read Replies (1) | Respond to of 5036
 
<...AND HOPEFULLY NEXT YEAR THINGS WILL CHANGE.>

From your mouth to God! I bot SHVA at 40 in 12/96 and bot it again recently at 11.5, thinking that this is the bottom. Welllll not by a long shot. Any guesses where the bottom is?
Dave J.