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Technology Stocks : Number Nine Visual Technology -- Ignore unavailable to you. Want to Upgrade?


To: JR2 who wrote (1110)3/9/1999 10:01:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 1183
 
What's the general outlook on NINE? Looks like it is sitting on support at $2.50, but has a general downtrend. Are the fundamentals supposed to get better from here (eps -/1.78)?

thanks



To: JR2 who wrote (1110)3/10/1999 6:54:00 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 1183
 
Well, current problem with Nine is no analyst even track it and unless you understand the technology, the finacials look like death. But on the other hand Nine is carrying forward 30+ million in loses that will wash a lot of income. In a sense, that 40% of a buck and a half a share of added income. Recent fade in price may have been caused by the fact that their is no poping news to push price and thus it stalled around three. Then nasdaq went through the roof. I think some folks may have started wondering why Nine was not moving, looked at the financials and then decided to invest in their next guess. Today someone dumped 20 to 30 thou and price slipped to 2 1/4. I bought 8k at 2 3/8, 2k at 2 7/16 and 2k at 2 5/16. Let it fall and I will buy more.

I'm gorna be rich or sleep in a cardboard box under the broklyn bridge.

The sense I have from talking to folks at Nine is they aren't thinking of how their financials timing effects the stock price as much getting the products out the door. Short term for me this just create more buying opts. Unless they also understand that they also have buying opts. Or they are just not great in investor relations.

But I believe that the SGI flat is monster great and they will sell tens of thousands annually.

Tom Watson tosiwme