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.

Technology Stocks : GALT - Galileo Technology -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (106)	6/5/1998 5:13:00 PM
From: Brad Rogers	Read Replies (3) \| Respond to of 584

Hey, does this "preannoucnment" have any negative implications for MMC Networks (mmcn)?

To: Wizard who wrote (106)	6/5/1998 5:30:00 PM
From: Trader Dave	Respond to of 584

Don't forget the classy move of pre-announcing on a friday afternoon in the summer. Yuck! Wizard, I've got a problem with many of the suppliers to the lAN infrastructure space. I know PMCS is doing some work in gigabit ethernet space, it's incremental, but I'm sensing a brutal and decaying competitive environment. Given your "triple whammy" should this thing be purchased at any price?

To: Wizard who wrote (106)	6/6/1998 5:18:00 AM
From: Boaz	Read Replies (1) \| Respond to of 584

Order push outs and cancellations, product cycle transitions and pricing issues have a lot to do with the current state of the market. The only thing that is of real concern is: Is GALTF losing market share? If the answer is no, then GALTF is a real best buy at these prices. Everyone is entitled to have one bad quarter. Just to make this point, does anyone remember what happened with EFII in Dec. 97? (large inventories at customers, order push outs, saturated market, etc.) - The stock fell from around $40 to around $13. I got in at around $14 and sold 3 months later at $24. The point is: there was no apparent loss of market share. Any info regarding the current status of GALTF in the market will be appreciated. My wallet is open on Monday.