Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?

To: Yogi - Paul who wrote (36)	2/14/1998 5:02:00 PM
From: Yogi - Paul	Respond to of 615

Thread, AOL and General Instruments not talking----yet. msnbc.com irthrifty

To: Yogi - Paul who wrote (36)	2/14/1998 9:03:00 PM
From: matt gray	Read Replies (1) \| Respond to of 615

Thank you IRTHRIFTY for the informative post. If I were management and was involved in a class action suits [based upon the stock price plummeting to the $12 range], I'd take a conservative stance with respect to earnings forecasts. This was the case with Ascend which had similar suit problems to GIC. ASND was also sued before meeting last quarter expectations. After the suits, they learned to deal with the street and analysts. Subsequently their stock price has moved from $22 to $34. Hopefully GIC has learned the same lesson and will meet earnings expectations. If they meet expectations I'd expect a chain of analyst upgrades thus elevating the stock above the $20 level soon after the 19th.