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 : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (494)	2/25/1998 11:00:00 PM
From: Alfredo Nova	Read Replies (1) \| Respond to of 1250

Jeff, you bring good points, but don't forget: I am a Ob-Gyn. I do cesarean sections, know nothing about logic boards and networking hardware. I would think the traders tomorrow may kill the stock. even an opening below 10 cannot be excluded. If the low was around 13, you would expect it to go lower than the latest low, plus a dose of punishment and downward speculation: 8-9 may not be unreasonable. To know if to buy for trading, we would need to know the real status of the company. I spoke with Mr Pino a while ago and I told him about an Italian Association which I recently joined (NIAF). He was very confident, told me that the company would do well and that he was happy with the analysts estimates. He sent many reports, some of them I posted on SI. We left saying that I would try to go visit him in Massachusetts at some points. I sent him a nice letter just recently. Again, the issue is: will the company risk to go under for this? I don't think so, but people on this thread know more than I do. Will this affect clients' confidence like Bay Networks? I hope not, but again don't know. If this financial trouble is not lethal, and if the flow of products will continue, if the company will continue to build clients, if clients will not be disaffected by this, than we will be ok. We will also have to see what the analysts say, although I would expect a bunch of downgrades. But the latest stock I bought at 18 on a zillion of downgrades, ADCT, but one buy from First Boston with a target of 35, made me so far 40% since last mo. So these downgrades are really useless many times. good luck, Alfredo