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Technology Stocks : Trikon Technologies - TRKN -- Ignore unavailable to you. Want to Upgrade?


To: Piotr Koziol who wrote (677)4/15/1998 8:04:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 926
 
Piotr, it is not usually a good idea to "average down" on a looser. At $.5 per share TRKN will have a market valuation of about $50 MM (considering that after all debt conversion they will have 98 MM shares), are they worth that much? What are their sales and profit going to be a year hence? Will they survive?

I think it is best to wait few quarters to see a new business plan emerge and then ask yourself if this plan can resuscitate the company. Remember, you no longer have a US company here, but a company based in S-Wales, far from the majority of its customers and the centers of new technology development. They are highly handicapped and I am not particularly optimistic about their future.

Zeev