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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?

To: Sung Chung who wrote (2522)6/11/1998 7:07:00 PM
From: Hong Xu  Respond to of 3029
 
If this situation continues for a few more quarters, single digit is possible. This is just my guess, not even an estimate. Glad that I was out in mid 20. I will bet that INVX will get WAAAAAAAAAY undervalued before it goes up, same as the survivors in the disk industry.



To: Sung Chung who wrote (2522)6/13/1998 2:18:00 AM
From: Tom Simpson  Read Replies (1) | Respond to of 3029
 
>Where's the bottom?
The market will tell you that in its own good time. In the meantime that was a good analysis of their balance sheet which remains quite healthy and solid.

What the stock price is really giving up is its growth premium. It will probably take a while before that comes back and it is more likely than not going to be restored by success in new markets outside of the disk industry.

Its a very well managed company.

Best Regards.....Tom


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