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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: Marshall who wrote (27592)1/28/1998 4:27:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 33268
 
<<Let's hope you're perfect in everything you do, I certainly don't claim to be. Want me to go tear the Quigley thread apart just for fun? Waste of time>>

Marshall, I wouldn't fault you for not being perfect, who is? I fault you for hyping this company at that time in such a way that you didn't offer a true picture of its of its condition, in spite of my documentation to the contrary. I don't know if it was intentional or if you're blinded by love, but I do know you have been putting everything about this company in a more positive light than it deserves, IMO, for quite some time.

Be There ! products only amounted to $ 141,600 last quarter, and half of that was the less profitable indirect sales ! I can't compare the sales with the quarter before (Sept 30) because the company reported in units sold instead of dollars sold. I think they said they sold 12 units. In any case, $ 141,000 is way too low to get excited about.

Is RACE a buy at this level ($ 2.50)? I don't know. I haven't evaluated it again. But at $ 7.50, it was clear how risky RACE was. At $ 2.50, you could get a nice technical bounce on any news. However, any buying should have a stop at $ 2.00b in case it keeps acting sick.

I'll still be surprised if BT sales ever materialize on the scale imagined, but if they do, I'll evaluate it more at that time.

VALUESPEC