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 : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?


To: Marc Phelan who wrote (1702)4/17/1998 8:03:00 AM
From: John F Beule  Read Replies (1) | Respond to of 2127
 
I own this stock at $2.50

That being said, I feel it necessary to sound off on analyst(s). I was under the impression that the EPS guess was .03 after Jan #'s. How in the world does an analyst raise estimates 100% for one quarter? This is another sad reminder that we are playing in a field with the big boys, and the small investor is at the whim of unscrupulous analysts. Scenario: "Hey, I'd really like to short this stock Mr analyst, can you please put estimates out of reach for this small company, I'll split the profits with you next quarter." I don't put anything past big money.

Oh well, maybe I can buy more back under $2.50 today, I think the Bay announcement last nite is not going to bode well for networking stocks today.....I'm getting used to saying "buying opportunity!" Maybe one of these days we'll all get to say "selling opportunity!"



To: Marc Phelan who wrote (1702)4/21/1998 6:34:00 AM
From: Marc Phelan  Respond to of 2127
 
It appears that Zacks is showing a raised estimate for the next quarter. As I recall it was .07. They are now showing .08.

quote.yahoo.com

Is this reflective of the Intel and Xircom deal?

BTW..... Nice earnings on Xircom yesterday. It looks like a strong customer for SEEQ to be picking up.