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Technology Stocks : ROSS SYSTEMS a turnaround? -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (2424)8/28/1998 1:25:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 3067
 
I could be wrong, but I thought the most recent press releases boasted of increasing market in latin america.... or was that another company. Hope I didn't make a mistake. Anyway, they certainly do business in Japan and i'm not sure of the amount they sell in eastern europe. I was just kind of showing how this world financial crisis is affecting every company. It's certainly not changing my views of ROSS as a company or a stock. I'm not selling what I own (except for some that I sold to cover taxes prior to earnings release). It's a reasonable value at this level. But, hey, so are MANY companies. I mean, look at companies in their industry.... AMSWA, which recently issued warnings, is selling at cash/share. Oh, they're not the only ones. This whole thing is getting pretty ugly for small cap stocks.... Somebody, PLEASE find the floor for these small cap stock prices!
greg