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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?


To: Winston Kim who wrote (876)11/14/1997 11:35:00 AM
From: larry  Read Replies (1) | Respond to of 2349
 
Quite simple. VOCLF has lost its momemtum and has broken 2 consecutive supporting levels. ALso it lacks good news, which is lethal to small companies.
IDTC got strong word of mouth from major brokerage and actually has quitely become "Wall Street darling". ONe other important factor is that IDTC is actually making money and showing very strong revenue growth. Net companies are criticized by not able to make money (minus earnings) and high valuations. IDTC is able to post positive earnings news and seem to move to that direction very well with strong momemtum. Both companies are with great potential but right now IDTC has much more upside momemtum than VOCLF. Simply put it this way IDTC has double bottomed and is showing very strong upside move, while VOCLF keeps slipping to key support at 17. If VOCLF slips below that support level, the downside risk is too big. At least people will say show me that you can make moeny and then we will trust you.

larry