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Technology Stocks : Aladdin Knowledge Systems (ALDN) -- Ignore unavailable to you. Want to Upgrade?

To: Clifford Topel who wrote (271)	8/4/1998 9:49:00 AM
From: BARRY ALLEN	Respond to of 351

From Yahoo...... Without the $460,000 one-time gain from the sale of shares of WAVE, ALDNF would have reported only $0.22. Sales grew only 7% from last year and the net margin declined. Aladdin now has a PE in the 8's after R&D expense. The earnings report wasn't great but it wasn't as bad as today's performance. I think this stock got unfairly battered today. It looks like you had someone out there with a significant position who was willing to sell at any price. And that's what caused the freefall. I think with a nights rest cooler heads will prevail and buyers won't be able to turn down such a cheaply priced security. Therefore, I look for a solid bounce tomorrow into the 9's and maybe more.