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


To: Shane M who wrote (2604)7/10/1998 11:09:00 PM
From: Bill johnson1  Read Replies (1) | Respond to of 3029
 
If one waits for reentry one could miss a terriffic upswing as we had this week. One week ago the stock wsa trading around 13. the stock basically hit 16 during the day this week. A 23% rise. If that is not good enough reason to be in the stock, what is. This stock was trading at 28 two months ago. It is reasonable to expect the stock to hit 20 in the next 3-4 month, and it is unlikely one will be able to time this upswing. By remaining out of the stock one takes a high risk that they will give up potential gains. The upswing may come with no news, just spikes in volume. The stock is a great value now, and with a PE of 6 one can't turn it away.
Bill