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Technology Stocks : NovAtel - Global Positioning Systems -- Ignore unavailable to you. Want to Upgrade?


To: Philip Benson who wrote (184)8/11/1998 5:36:00 PM
From: David Rubin  Read Replies (1) | Respond to of 191
 
OK, but the market doesn't seem to share your views. Down another 12% today.

I've just learned (the hard way) to be very skeptical of companies like this. I've seen other companies with great numbers -- revenue growth, no debt, etc ... but they had skeletons in the closet and eventually became penny stocks.

My gut tells me this company is in the same boat, and the movement of the stock confirms it.

I hope you are right because it can be a great turnaround story in 6 months or a year from now. But I'm quite happy to be out right now...