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Technology Stocks : Visioneer (VSNR): Does anybody know what's going on? -- Ignore unavailable to you. Want to Upgrade?


To: jlib who wrote (1375)4/23/1998 8:09:00 PM
From: DrMedina1  Read Replies (1) | Respond to of 1763
 
Jimmy, why so sad? There's been a major sea change in investor sentiment. Tokyo Joe's Cafe will not determine the future of this company or its stock, but for whatever it's worth, I made this post for you.

Message 4185233



To: jlib who wrote (1375)4/24/1998 1:26:00 PM
From: Sam Citron  Respond to of 1763
 
Roby upped rating to a buy.

Briefing's says:

10:25 ET Visioneer Inc. (VSNR) 3 25/32 -3/16: Designer and developer of intelligent
paper input systems, last night, reported a Q1 profit of $0.02 a share, better than the
First Call estimate for a loss of $0.01 a share, vs year-ago loss of $0.89 a share. This
morning, BA Robertson Stephens ups the stock from "long-term attractive" to "buy."
Says first time in 2 years company has reported to back-to-back profitable quarters.
Raises FY98 estimate from $0.07 to $0.15 and establishes FY99 view of $0.25.

I think alot of this is already priced into the stock.

SC