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 : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Levy who wrote (4139)8/6/1998 11:23:00 PM
From: dougjn  Read Replies (2) | Respond to of 10852
 
OT*** AFCI. Fast reaction.

I had watched and watched prior to the implosion. I was waiting for a strong correction. so when way more happened, and based in part upon the bullish atmosphere re: telequip and merger rumors, I bought in. And sold out fast at 24 for a real fast and real sweet 25%.

Normally, I would feel hands off now for a while cause it won't get big PE faith for a while without a takeover imminent. But the severe current down price, which I hadn't paid attention to until u posted does give me pause.

So there I am.

Paused.

It is a steal.

But so are a lot of other things, maybe mostly a little less.

I doubt it will move fast from here absence takeover reality or talk.

But after a bit it does seem, on fundamentals, a cheap gem. Their product list(though mega) is a bit mono, and subject to all those smaller cap gyrations that the market hates. But it is in a hyper growth niche. And it is a wonderful buyout.

Great Tlab buy, I keep thinking. Or. LU.

What you think???

Regard, Doug