SI
SI
discoversearch

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.
Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?


To: P Wright who wrote (1603)5/25/1998 4:32:00 PM
From: Method  Respond to of 2018
 
I agree totally that the utimate share price will be a result of earnings and earnings growth; however, market perception is a key indicator of stock performance in the short term. The Street was dissapointed from the latest quarter numbers and pressure on the stock will continue as long as the market is not fully aware of HUM's story.



To: P Wright who wrote (1603)5/25/1998 5:02:00 PM
From: andrew  Read Replies (1) | Respond to of 2018
 
It's pretty obvious that you can't rely on
number crunching to come up with a fair price
for the shares. It has traded at far less than
the growth rate for the last 2 years. There
simply is no correlation between price and
past/present/future growth rate here. The market
wizards have decided the company is in for a
tough ride and have decided to err on the side
of caution. I would suggest your 10% risk factor is
more like 50% in reality. I personally would like to
see the management allaying these concerns but I'm
sure you'll agree their priority should be first &
foremost on growing the company.