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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (6378)	4/6/1998 8:20:00 PM
From: Bill Wexler	Respond to of 18691

I don't know. I don't follow SCON, though a first pass at the financials makes me think the company is a tad overvalued.

To: clochard who wrote (6378)	4/6/1998 11:50:00 PM
From: Alan Lee	Respond to of 18691

<< Bill, whats your view on SCON? >> well, I'm not Bill, but ... I shorted SCON too soon at 5 1/4 a few days ago, it's gone up a bit more but could be back to 5 tomorrow. SCON went up 80% or so one day a week ago on a fluffy sounding press release, started drifting back down today on decreasing volume, no follow up news, nobody cares anymore ... if you look at ISCO, CDTS, AMSC and others in this industry there's no compelling reason to believe that SCON has any better chance of striking it rich than any of the others ... what we really need here is a good ol' floorless, to send it down like with what happened to ISCO ...