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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Bob who wrote (371)11/21/1997 1:19:00 AM
From: Paul K  Read Replies (1) | Respond to of 2467
 
Comdex had a talking good time this week didn't it?
The industry still needs to do a little education on who is doing what in this product category.
A Seattle Times article on Comdex mentioned every Speech Tech player except L&H/Kurzwiel, and a local TV station talked about "the new product from Microsoft called Naturally Speaking"... HUH?

Anyway, I got stopped out of L&H last week so I didn't participate in the run up...can't complain about the 80% profit though.

The stock could relax for a few days (actually I'm surprised it didn't push up much with the general rally). The market will probably be soft during holiday week but should go gang busters after Thanksgiving.

I'm looking at the indicators for L&H:
Shorterm, Stocastics and Williams% say it's topped out and trending down.
The stock seems to like to waffle between the B Bands and we're on the down side.
MACD though looks like it is setting up for the start of long term rise.

So I've been shorting a few L&H shares this week hoping to collect some moss on the slide (with a trailing stop, should things reverse!)

-paul



To: Dr. Bob who wrote (371)11/24/1997 7:05:00 AM
From: Dr. Bob  Read Replies (1) | Respond to of 2467
 
Wall Streeet Journal Interactive reports that LHSPF will buy two European translation firms for $11.3 million, and has an option on a third. They expect these acquisitions to be neutral to revenues in the first half of '98, and accretive in the second half.

Looks like the only thing which could put a crimp in '98 earnings estimates is a delay in the release of the Next Windows and NT upgrades.

Bob