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Technology Stocks : Shiva -- Ignore unavailable to you. Want to Upgrade?

To: JR2 who wrote (2569)	12/26/1997 11:00:00 PM
From: Ed	Read Replies (4) \| Respond to of 5036

If you have capital gains, it would be smart to take a loss on Shiva and lower your tax bill. I will probably do the same. It has nothing to do with capitulation or giving up. It is called lowering your tax bill. Bottom line is what matters. I know some people will be critical, but let's face it: Shiva is a bad investment. All we do on this thread is look for excuses, hope, pray, get excited, only to be dissapointed again. Shiva closed within 1/4 from it's all-time low. Is there a guarantee the stock will not slip into $6 range? If you stil want to own the stock, you can sell it and then buy it back within 30 days. If you are afraid the stock will make a sharp up move in January (don't hold your breath), you can buy Call options. Eventually, Shiva's fortunes will improve, but when? Are you willing to wait? Is it worth it? There are so many much better companies. Regarding Shiva's VPN products, who cares? Shiva does not have a monopoly on VPN. Other companies offer VPN products too. For those who will argue that Shiva's products are much better than competitions, I can only say that awards don't matter. Shiva's marketing sucks and they depend on Nortel too much. Their revenues are too low and earnings are even lower. In conclusion, before accusing me of being too negative, take a good look at Shiva's chart. Is there anything to get excited about? Shiva is in a bear market with occasional corrections to the upside. Ed P.S. Holding the stock hoping for a takeover is a waste of time. For those who hope for a takeover in the $20 range, ask yourself, why would anybody offer a 150% premium? Would you?