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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: Alan Edgett who wrote (29031)6/29/1998 4:26:00 PM
From: mike.com  Respond to of 33268
 
Hey Alan, give it time and the high for RACE will be .50. I don't know where the low will be but I have a feeling they will cease to exist pretty soon anyway.



To: Alan Edgett who wrote (29031)6/29/1998 4:34:00 PM
From: drakes353  Read Replies (1) | Respond to of 33268
 
Alan:

what do you think of the SCON release...nice huh? i hope you didn't bail yet on that baby!

SCON? SCON? You're kidding, right? It's a screaming short. They will be out of cash again sometime in the next three months.

''As a result of these trials, we anticipate that commercial product revenues for the 1998 second quarter will be somewhat
ahead of those of the prior quarter
. We would expect this trend to continue for the remainder of the 1998 fiscal year,
particularly as we realize the initial benefits of our new state-of-the-art manufacturing facility which became operational
during the quarter.


So, the commercial rev is growing "somewhat" sequentially. That's kind of scary since it's such a small number. It's also not big enough to offset the decline in the gov't contract rev. Why would anyone in their right mind pay 6 or 8x sales for a company that isn't growing the top line?

This is another Data Race. Short it, short it with impunity.

drakes353