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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Perry who wrote (1170)	3/10/1998 3:59:00 PM
From: Grainne	Read Replies (1) \| Respond to of 2263

Well, Glenn, I certainly understand your disappointment. But are you going to sell now? I think there are some really good things just ahead for Ariel. Christine

To: Glenn Perry who wrote (1170)	3/10/1998 4:33:00 PM
From: Frank Perlmutter	Respond to of 2263

Glenn I certainly agree with your sentiment on getting burned. Ariel always seems to make announcements that get everyone excited but never show up in the top or bottom lines. The fact that they still have the ADSL line is quite disappointing with its large R&D expenses and the promise of a $70-$100 million sale that they claimed that they could get for the unit to fund other operations never becoming a reality. In the 11's I thought this was a great short, considering that earnings (that have always disappointed) were due out soon. Unfortunately, I never acted but that's the way it goes. There's still a little hype out there holding the stock in the 9's, so it's not a completely lost cause. Once people realize all the fluff, we may very well see the 7's and 6's that we've been so accustomed to all of these months. Or maybe this time is different-- the company was a $14 stock a couple of years ago. I guess it's just the point you get tired of saying maybe next time and just move on-- it may very well be that time (It was for me). Good luck to all! Frank