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To: tonto who wrote (944)4/8/1999 3:04:00 PM
From: FastC6  Respond to of 1157
 
Initial surge on news and now it is backing off. Someone doesn't like this one.

. .




To: tonto who wrote (944)4/9/1999 12:12:00 PM
From: TLWatson59  Read Replies (1) | Respond to of 1157
 
tonto: As they say about chicken soup announcements like these every now and then wouldn't hurt.

The more I look at the basic operations and the persistent short position the more I am inclined to agree with one of the Yahoo posters who surmises that the shorts are banking on a re-statement of earnings due to discrepancies in the accounting method. I say to them like the fellow from Missouri , until you "show me" I can't believe you.

There is no doubt however that the current quarter's figures will hold the key to what kind of handle management has on turning cash flow positive and whether or not this can be sustained if they have achieved that plateau.

In the interim the sideways movement of the stock price could serve as a spring board for a new up trend.

Speaking about news releases, have you seen the gaggle of them on my little toy. First significant $ figure for a sale. Maybe if I could put some light on the subject the name of the client might be more recognizeable. Then again signing up additional IBM and Goodyear business won't make life hard for them later this year.