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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: Marshall who wrote (25568)11/14/1997 9:41:00 AM
From: Bill Fischofer  Read Replies (2) | Respond to of 33268
 
Re: Conference call

After listening to the CC this morning the conclusion I come to is that folks here are far too obsessed with this stock. It remains a good speculation which should be monitored on a quarterly rather than daily basis.

I'm confident that the company will able to stay in business until it achieves 'critical mass', which from my reading of the CC should be within the next six months. The most revealing comment was when Barker was asked about whether questions over the company's financial viability had come up in any of the sales. His response was that companies like DGN and ICO have minimum volume requirements for getting interested in anything which if realized would make RACE's financial viability not a question. Also, when asked whether any trial customers had the potential to execute $1 million purchases the answer was also in the affirmative.

My message to the thread is to forget the day-to-day gyrations unless you are trying to daytrade RACE. Think quarters, not minutes, bid/ask, etc., and you'll do fine.