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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?


To: Delta2j who wrote (969)1/6/1998 7:56:00 PM
From: LLCF  Read Replies (2) | Respond to of 1119
 
<. Much of the information revealed was already known, or could have easily been guessed, and some of the information didn't seem very useful.>

Agreed, except the fact that they apparently already have an investor(s) lined up for Sanoma already...other than stopping the bleeding, its very reassuring and quite unexpected at least to me that they could so easily find investors in that technology.

<What this stock needs is a buy recommendation from some brokerage firms and some positive earnings, and a great announcement. I wonder which is going to come first and make the difference.>

From the tone at the call I'd be surprised to see a recommendation by anyone before some "execution" is seen...whether its orders from customers that are quantifiable or actual numbers. Maybe watch for insider buying? To tell you the truth I wouldnt be a bit surprised to see this thing trade $4 again pronto...I only say this because the reaction in the stock so far has been so "ho-hum"...looks like lots of folks don't think a whole lot has really changed.

DAK