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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM -- Ignore unavailable to you. Want to Upgrade?


To: Grashopper who wrote (1764)10/9/1998 10:53:00 PM
From: TsioKawe  Read Replies (1) | Respond to of 2067
 
Thoughts on VIAS.

1. expecting 3rd quarter losses of 4-8 cents per share. when the books are completed they usually come out better than estimates, possibly a surprise to the upside.

2. Short interest at 700,000 shares, when do the shorts cover before Oct 21 or after.

3. announced 1.5 million share company buyback, possibly 3 days after 3rd quarter earnings release..

4. looked like the MMs wanted the stock above $4 plus, then came some friday afternoon selling, price back down to where we opened but did not loose ground.

5. Market cap 75 million, company has 75 million in cash and equity.

6. when the stock broke through the lower bollinger band, the trend reversed, possible run this month to the top band, with all the future action in the last 2 weeks.

thoughts anyone??
JMHO



To: Grashopper who wrote (1764)10/10/1998 12:07:00 PM
From: TsioKawe  Read Replies (1) | Respond to of 2067
 
ANOTER TOPIC
Here is what I just found. Hang on for the ride.

Well, I think is safe to say the NASDAQ has been beaten, ripped, torned, battered, slammed, hammered, and some.....but it looks like the worst is behind us. Thursday's carnage which took the NASDAQ -101 before a late rally may have been the worst of it.

DOW still needs to test lows again, however the NASDAQ has been oversold compared to the DOW. I'd be looking for nice BULL rallies to come this week because of many TECH stocks announcing earnings expected to BEAT STREET ESTIMATES. INTEL, APPLE, EXCITE will surely beat street estimates. This will give the NASDAQ nice rallies all week long.

FED ACTION:
Greenspan and friends may be moving in to cut rates before end of next week to avoid further capital damage.(BULLISH)

IMF fund approval of 18Billion is a definite BULLISH sign(should be approved this weekend)

LEWINSKI and IMPEACHMENT NEWS are now old and out of the market.(BULLISH)

Over 781 Billion sitting in Money Market Funds. Any signs of market correction to the upside will be very dramatic when all this money flows back into Stocks.(VERY BULLISH)-(FED 50 basis pts cut could be the trigger)

EVERYONE SELLING BONDS-MASSIVE SELLOFF(VERY BULLISH)

EXCITE will post a profit!!!!!
(VERY BULLISH as it will bring credibility to NET STOCKS by having the number 2 portal with better than expected earnings)

SEEK and DISNEY news to flood newswires very soon with details about GO.

NASDAQ oversold...chart shows BEARISH TOP indicators along with BEARISH MACD however, STOCHASTICS clearly indicate an OVERSOLD position and now turning BULLISH. This tells that reversal is upon us so HANG ON!!!! Next support\resistance is 1600.

TsioKawe