Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Lufkin Industries (Nasdaq: LUFK) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Hanson who wrote (81)	5/9/1998 12:45:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 103

OT Dave I am interested in both SIRN and ZRAN but I don't have any buying power left at this moment. The only good thing is that the stocks I currently hold has little downside risk even for a 10% market correction. I don't have much hope with the industry STBI is in but the price is too attractive that I couldn't resist the temptation. If you look at the press release, the problems are all short term and gross margin related (what can you expect in this industry?). In the cc, STBI has said the problem will persist into current quarter. In addition, ATI remains the strongest player while Matrox has promising new products coming out. ATI has top-notch marketing while Matrox has #1 technology. Matrox is especially the one to watch because it had good OEM relationship and great new products. So there is relative high risk that STBI will sitting in $10 to $12.5 for a while but I strongly believe it will come back in a few months. I am using margin to buy STBI so I will probably sell it next week. Good Luck to you. What is OT stocks? aC