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Technology Stocks : Systemsoft Inc. (SYSF) -- Ignore unavailable to you. Want to Upgrade?


To: margin_man who wrote (2844)1/1/1998 12:14:00 PM
From: crs  Read Replies (1) | Respond to of 3529
 
The stock went from about 13 to about 5 last month. This is a 62% loss. The stock has to only increase about 3 points from 5 to regain that 62% loss on a percentage basis.

It the stock goes back to 13, this would be a %300 increase off its low. Although it could happen, we would need some insane news from sysf.

The price spiked out of the blue, I think due to a few big bottom fishers. The momentum crowd may push this up but I don't know. Most mutual fund companies are prohibited from buying below a certain price, or with a certain volitility.

I am looking at a great year for sysf, not a great few weeks. After all, if sysf does not get system wizzard off the ground in 98, then it is back to the drawing board. How things are moving though, I think system wizzard will be accepted.