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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM -- Ignore unavailable to you. Want to Upgrade?


To: TEDennis who wrote (1427)6/11/1998 11:30:00 AM
From: White Shoes  Read Replies (1) | Respond to of 2067
 
TED, for the sake of your retirement set a stop loss at $12 5/8. Today could be the bottom but if it is willing to test $12 5/8 tomorrow I personally would try to get out of this situation as something does not seem right with it eroding the way it is.

I wouldn't be surprised if it turns north and closes the week at $14, in which case you are headed out of the woods.

If you're looking for a speculative stock have a look at Plaintree Systems, a maker of gigabit ethernet switches (not the hottest product but still useful from what I understand). The stock trades at $2 and they have a freshly minted distribution agreement with Nortel who just took a 19% stake.

Disclaimer: I own not a single share of Plaintree Systems. (LANPF)

Your friend

WS



To: TEDennis who wrote (1427)6/11/1998 12:47:00 PM
From: HERB MILLER  Read Replies (2) | Respond to of 2067
 
The word is "WORK"
There I said it. I owe you that for getting all
those 00 posts. :o) :o)
Hold tight, it's a rocky sea, but every time I post
she goes up.



To: TEDennis who wrote (1427)6/24/1998 10:45:00 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 2067
 
TED, As you know I got out when VIAS failed to break back above 18. Right now I'd say the time to buy is anything below 13 (waiting for double bottom confirmation). The entire y2k sector has been rebounding. However, if vias comes in with bad earnings again it'll be a death sentence (< 10).

Buy now and potentially reap 100%+ gains, or buy after earnings with only 30-50% gain potential, but less downside risk?

Jim