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Technology Stocks : The Panda Project (PNDA) -- Ignore unavailable to you. Want to Upgrade?

To: JAGUAR who wrote (1050)	4/1/1998 1:02:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 1521

Heee, hee, heee. $10-$12? I don' dink so. But in any case, I must confess to buying some shares of this piece of crap for the wildly speculative short-short-short term position of my port. This is for fun, and I feel a bit guilty doing it since I've shorted it so unmercifully in the past. In any case, their "launching" Rock City on April 6th. If there's one think Crane does pretty well it's hype, and the past two release are the start of the campaign. I think the stock has near term support around 3 3/4, and I doubt it will violate that in the short term. Again, I'm just looking for a possible 25% gain in a week or so. I feel kinda dirty. Anaxagoras

To: JAGUAR who wrote (1050)	4/1/1998 1:35:00 PM
From: Mitchell Ryan	Respond to of 1521

<< I don't even care about rock city. I care about VSPA and Compass.>> You should care. Rock City has the potential to suck dry any remaining resources this company has, which isn't much to begin with. What happens to VSPA and Compass then? If Rock City is anything like Archistrat, it will take many engineering changes just to make it manufacturable. In the past, Crane grossly misjudged the effort needed to move from hand-built prototypes to mass produced units. Targeting the low end PC market segment will make matters worse. The margins are low, which won't add much to the bottom line anyway, and the exposure to the high cost of warranty repairs could easily consume any profits. Ryan