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Technology Stocks : Transcrypt International -- Ignore unavailable to you. Want to Upgrade?


To: Ann Janssen who wrote (272)4/29/1998 8:21:00 AM
From: Dr. J  Read Replies (1) | Respond to of 412
 
This is a pretty upbeat article, all things considered. Certainly more positive than II; I suspect II suffers from "falling in love" with the stock - the classic reaction when you find you've been jilted is to turn extremely negative. The true valuation probably lies somewhere between the two extremes.

I bought in at 7 on pure speculation. If the newspaper article is right, and it's only 1997 revenue, and $3M in revenue, it won't be a big deal. But if it's more than that (i.e. fabrication of revenue or earnings), then the cellar's the limit. Of course, as they say in the option market, my loss is limited :)