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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?


To: Don Walster who wrote (1527)6/9/1998 7:15:00 AM
From: David Wiggins  Read Replies (1) | Respond to of 2349
 
Don, sorry for the lack of clarity. What I meant to say was the good news stemmed the persistent slide of the last few weeks (I hope). The move up from 13 back to 14 is the most strength I've seen in awhile. I believe the volume confirms that. I think the slide scared a lot of people who were waiting for a chance to get out, but on low volume they could not do it for fear of no one to take the limit orders at a reasonable price. Yesterday those people got out, and the stock started moving back up (I hope).

I agree with Shlomi Cohen's remarks with the caveat that there has to be a bottom somewhere - even before revenues, and I hope now we've found it.

I think VOCLF sent shareholders on their list the PR in advance because they know we were disappointed about the lack of support from HQ recently, and they were trying to appease us. If you read VOCLF home page under 'partners' they mention that resellers, etc are on a special early mailing list regarding PR, etc. I think you got that info yesterday and graciously posted it. I hope we can get this info in the future.

To sum it up, I mostly agree with what you have already said. Sorry I wasn't clear the first time. Regards, Dave