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Technology Stocks : Tricord Systems (TRCD) -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Busch who wrote (577)5/9/1998 12:02:00 AM
From: Brander  Read Replies (1) | Respond to of 773
 
Joe, if TRCD gets some OEM partners, the stock price should appreciate significantly. How much and how fast is unknown, but I can easily see anywhere from a triple to a ten bagger with the signing of an OEM partner(s). Any type of positive news could easily cause the price to double, as it has in the past. Currently, there are hardly any positive expectations built into the stock price, so it should move up rapidly with any positive news, esp with news of an OEM partner. I guess you could say that the longer they go without announcing a OEM partner, the more it "hurts" TRCD, but I do believe that they are continuing to make very good progress towards obtaining OEM partners. I also believe that the performance of their product is becoming more well known in the industry, and that we might hear some positive news concerning product performance soon. As far as a "drop dead date", that is difficult to answer. For myself, I have pretty much decided to ride it out, one way or the other. If things are just like they are now at the end of this year--with no news about OEM partners or other business developments, I will be worried. At this time, I am very optimistic, but I still consider TRCD a speculative investment, which means risky. Good luck.

Brad