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To: van wang who wrote (3560)2/10/1998 6:55:00 PM
From: Moe Damghani  Read Replies (2) | Respond to of 4429
 
Van, If this FMR purchase of 6.5% is true, shouldn't this move the
stock eventually? I know they do a lot more research than I do and
they normally buy the stock for 6-12 months. If these big guys think
this is a good buy, I am sure we'll get rewarded well! It is just a
matter of time!



To: van wang who wrote (3560)2/10/1998 7:45:00 PM
From: Moe Damghani  Respond to of 4429
 
I posted this on Yahoo and thought would paste it in here also. I know
it is frustrating because I am getting real frustrated myself but I
do believe we'll get rewarded well!

Pascarella, this is Moe Damghani from the techstocks thread!
I have enjoyed your postings but never answered any in here.
Tell these guys to be patient. The stocks do go up an down all the times and if it was easy, everyone would be rich. I posted the Fidelity posting on the techstocks and know these guys
normally buy for a period of 6-12 months. They almost always
get rewarded well. Just remember guys, just as fast as it went
down, it can come up that fast! The earnings have come down to
a more reasonable level of $1.31 for 1998. Last year, when the
earnings were estimated at $0.85, the stock hit a high of $32.5.
I don't see any reason why we should not hit $39 sometime this
year! No matter how you look at this stock, it is damn cheap!!
No one knows how low it'll go. Once the selling is over which
I think it is then it'll be up in the 30's before you know it.
Here is an example, the stock of GOTK went down last week to
a low of $0.40/shr from $3 because everyone was dumping it in
the last couple of months. Five days ago, this stock was at
$0.40/shr, it is now at $2/shr.