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Technology Stocks : XIRCOM (XIRC) 5/16/95 @ 16-1/8 -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (841)4/26/1998 10:14:00 AM
From: Alan Stalter  Read Replies (1) | Respond to of 1096
 
Jim,

Why do you think XIRC is overvalued at 18? In what time sense?

I agree with you about the takeover speculation but one reason (if it is a takeover play and that is a big IF) to wait would be for XIRC to implement their new inventory system (which they've done), work out all the kinks, and have some success with their new products. I know from talking with many buy-side portfolio managers that no one likes to buy a company and have to work these problems out themselves. Refer to my post #795-- the Street loves visiblity and linearity-- this will lead to a multiple expansion.

AL