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.

Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (512)	7/2/1998 1:41:00 PM
From: Byelow	Respond to of 1622

E! Thanks for the concern! No question the hit hurts but trying to double down at the bottom. News is Dain Ruasher downgraded THRX, NASI and MNTR to neutral from buy, outperform. The analyst there claims earnings not affected for THRX in 98 but will be down $0.10 in 99 and $0.30 per share from her previous estimates. She claims that new capacity from new entrants and capacity increase from NYE will make seeds a commodity and she thinks lower the price by 20%. Also the Cabot letter on 6/29 downgraded to a hold. Think both are wrong. Company reported today no change in fundamentals or their outlook for future. Hope that THRX will stop the slide by repurchasing some stock to stabilize the price. Definite herd mentality in progress and the shorts are having a field day! Glad to hear you exited before this bath. Have a happy 4th! Byelow