Post by
pcnisbet on Aug 12, 2000 4:49am
Move back to 30
As with any IPO, this stock rockered up and got ahead of itself and then suffered a major reversal which has poisoned market preception. From what is typical of a more industrial based stock, this one being widely held more by the majors in electronics and in the telecommunications feild then by common shareholders, the shares should be trading based on their market penetration. That suggest a price of 30 once the post-IPO disappointment shake out is over.
I will be watching this one with interest. With their technical side capabilities in hardware as well as software, they may end up with control of their market niche, just as Sun or Miccrosoft have done.