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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: Alan Edgett who wrote (26193)12/2/1997 1:34:00 PM
From: Bill Fischofer  Respond to of 33268
 
Re: Prospects

Everyone needs to assess risk for themselves. I've always maintained that RACE is a speculative investment. If it went to zero tomorrow I'd be very disappointed but the damage would not be severe. One of the reasons we've come down hard of late is that I suspect many have overleveraged themselves. One does that with speculative issues at one's peril.

As far as I can see the risk of RACE going bust is very small at this point, but that's just my opinion. December is still young and unless we get some real news I see no reason for the stock to do anything but drift lower for the remainder of this month. The time to buy will be after Christmas.