SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Novacare (NOV) breaking out... -- Ignore unavailable to you. Want to Upgrade?


To: Todd D. Wiener who wrote (220)2/4/1998 8:05:00 AM
From: Double Dipper  Read Replies (1) | Respond to of 420
 
Todd,

I wonder if it could be related to my post #215 for the Warburg Pincus
SEC filing.

Kevin



To: Todd D. Wiener who wrote (220)2/7/1998 10:46:00 PM
From: Yuppy  Read Replies (1) | Respond to of 420
 
Todd,

Your confidence in NCES convinced me to get in last week. As always,
your recommendation is the primary reason. I am watching LUFK closely.

I think you may be interested at ACCEL Graphics (NASDAQ ACCL).
It was an IPO around 4/97 at about $9. It then jumped to $14.
However, losing DEC sent the stock down to $4. It then gained Gateway and saw its price went up to $10. However, 2 consecutive quarter of missing estimates sent the price down to $4 .

However, I feel like this is a potential winner. It missed earning on 1/29/98 (-0.03 cents vs. estimate of 0.01 cent). Yet the stock has been beaten down so much that there was not much a sell off.
That might due to the fact that Gateway selected their Eclipse II graphic cards for the work stations, and they have signed a distribution agreement with Ingram Micro.

If they could work out OEM contract delays, I think they would take off at least for a few years. Support seemed to be very strong at $3 1/2. There was a last hour surge from around $3 17/32 up $4 on Friday 2/6. I think there is not much down side to this stock and there is lots of upside potential. Book value is around $2.5 to $3.00. Appreciate your comments.