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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?


To: Martin Goldenberg who wrote (1499)4/13/1998 7:01:00 PM
From: Paul Loucks  Read Replies (5) | Respond to of 2018
 
Martin - $60 by the end of the week

This morning you were hoping for HUM to make it to $60 by the end of the month. There is nothing like momentum to make us more bullish. For all the people who have been long on HUM, a couple of things to think about.

1) The UK Government purchase was for 45,000 seats. Andyne had only sold 120,000 seats to date. This one sale now represents one quarter of their installed base. Revenue from this deal must be HUGE. the revenue will be included in the April 22nd earnings release.

2) The deal with the UK Government will put the Andyne products on the map. They will now have a great client reference. The product will have instance credibility in all smaller installations and product evaluations.

3) We are beginning to see the synergy impact for the Andyne/HUM merger. HUM can not be viewed as a one product company in a limited marketplace.

4) In an earlier post, it was stated that the market for PC to Unix software is growing at 15% per year. Since HUM's market share has increased from 54% to 62%, the simple math would show this revenue stream growing at 32% (1.15 * .62/.54).

5) Someone had a post on this thread a couple of months ago commenting that people sell very quickly as this stock rises. As the post pointed out, we can't hurt the shorts unless we refuse to sell to them until we get big bucks.

I don't want to influence the long term investors into missing a selling opportunity. We all did this at $69.00 earlier this year. But, I believe the best is yet to come.

Paul