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Technology Stocks : Remedy Taking a hit why? -- Ignore unavailable to you. Want to Upgrade?


To: Mo Chips who wrote (401)12/23/1997 3:22:00 PM
From: Konehead  Read Replies (1) | Respond to of 763
 
D*mn, I got burned on this one too. Bye bye $12 K and merry christmas. I thought I had a bargain at $30. The company has projecting growth to slow to 40% or so. Anyone have a guess how the quarter will end up? A 17x multiple seems really low if Remedy is merely readjusting to a slowing growh rate (100%->40%). On the other hand, if it's a Clarify or Scopus scenario (flat revenues for several quarters, no earnings) then maybe I should get out. Any thoughts?

Whaaa!



To: Mo Chips who wrote (401)12/23/1997 3:30:00 PM
From: James Bowser  Respond to of 763
 
Down 35%? You'd think they said they would miss their revenues and earnings by a 1/3. The Goldman downgrade is due to concern about IBM's Tivoli division buying SWRT. How much revenue does Tivoli provide for RMDY? Anyone?



To: Mo Chips who wrote (401)12/23/1997 5:35:00 PM
From: John Ritter  Respond to of 763
 
Well, it's worth a stab, just left semi equipment to try this one for a ride, hope it's oversold cause I'm in the thick of it now.

There is the 'other show' potential, when those don't appear more often than not we have a new bottom, no one ever knows for sure going in to a downdraft, better to play V bottom upticks, but I ran out this weak and needed more risk.