SI
SI
discoversearch

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 : Deswell Industries (DSWL) -- Ignore unavailable to you. Want to Upgrade?


To: Craig Markell who wrote (626)4/6/1998 8:41:00 AM
From: Ron Bower  Respond to of 1418
 
Craig,

The 'Quicken' downgrade was also reported on the Yahoo message board. I went to Quicken and there's no reason for it. They have no changes in the earnings estimates, still the same as they've been all year. The analyst needs to be contacted again to see if he has changed his rating. Every place I've looked has it as a Strong Buy.

Ron



To: Craig Markell who wrote (626)4/6/1998 12:25:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
Craig,

Found it, I think.

AS I understand it, Quicken has a market trigger that occurs when a stock drops a certain percentage. I didn't catch it until I looked at VectorVest and saw they had also dropped to hold. They still rate it as a Buy on fundamentals, but lowered due to tech analysis. They recommend a stop/loss at $18.40.

I really don't get it as I don't understand charting or tech analysis and try to buy on value fundamentals.

Added to position at 19.

For what it's worth,
Ron