SI
SI
discoversearch

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.
Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM -- Ignore unavailable to you. Want to Upgrade?


To: joel3 who wrote (77)11/12/1997 9:11:00 AM
From: jgideon  Read Replies (2) | Respond to of 857
 
Why isn't the Sharp news being reflected in the price?
Here are some thoughts and guesses...

3D audio is an emerging technology, and investors
seem to be trying to guess which company will come
out on top. Look at the recent news for QSNDF, SPAZ,
SRSL, and AURL. Each claims proprietary technology
with patents and such, and each is lining up a bunch
of name manufacturers to use their stuff.

Now if I were an investor with scads of money, I'd
invest in all of them. Otherwise, I've got to choose
between them. It seems that, for the last month or so,
folks have been choosing SPAZ & SRSL. Being a Canadian
company does create a small disadvantage here - I can't
just jump to Edgar and get their past SEC filings, for
example. Further, when I read the press releases, I
don't think that QSNDF is doing a bad job, but their
stuff doesn't sound as upbeat as the others. Some PR
improvement couldn't hurt. AURL is a BB stock, which
is avoided by many investors (including myself).

That being said, these companies are not widely followed
and, unlike the stocks with 27 analysts, they often do
not reflect news for a while after it is released. I
agree that this is big enough news that it should get
reflected pretty quickly, but who knows in the microcap
world? I've only been investing in microcaps for six
months, but I've seen several occasions where it seems
to take multiple pieces of good news to produce movement.
Then it jumps like a rocket. Maybe that will happen here
as well. Over the long term, it will get in there. I
don't believe it is factored in at this time.

jg