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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: wallacestevens who wrote (20918)12/30/1998 3:51:00 PM
From: Dave Gore  Respond to of 120523
 
I just sold OSFT after just speaking with IR and PR firms....I think their odea is great, but their intial 35 kiosks will only net a combined revenue of 300,000 in annual sales. And they won't even be placed for a few weeks or months.

It will take a big deal with Blockbuster Video or some other chain to really get this stock going, now that the hype is over. On the positive side their technology is really good.

This is just my opinion, but now that the major run is over, I am not so sure this is a timely stock, but nevertheless as a long term hold, one could expect this to drop back but then reach perhaps $5.00 in 12 months, or even higher.



To: wallacestevens who wrote (20918)12/30/1998 9:12:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Wallace.. I had a target for OSFT.. it reached that target and I sold. My husband held on for weeks, I held on for days. I had OSFT on my watch list weeks and weeks ago before this internet craze and before MALL and WAVO started this doubling and tripling of stocks. If not for any other reason at that time it was for technicals and potentially interesting fundamentals but I never thought it would go from 1 3/8 to 7 1/2 within weeks. I was just mildly bullish on this for the future.. like I still am about BIKR which genuinely has some good fundamentals going forward or SPGLA, MXTR, BSMT etc.. never looked upon it like a 'dynamite mover' or a topic for it's own thread on SI and hundreds of posts.