| TIP: Click on subject to list as thread! | ANSI |
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| subject: | Multistack |
GA> "mismanagement" are the cause of the price drop. LM> Really? Did he give any examples? As yet I haven't taken the GA> No, just that. Hmm.. perhaps I'm being cynical but I wonder if he didn't just say that to cover the fact that he'd never heard of the company. Unless a company is in the top 100, has just been in the news, or has been researched by his company, this is sometimes the case. On November 17 MSI released the Chairman's address on Signal G, saying that due to tight conditions in China the company would have trouble maintaining the same RATE of profits in the coming year. I'm not sure if this invalidates my speculations or not. Does rate refer to absolute earnings, or to earnings per month or profit margins? Either way, I suspect this was the immediate cause of the price dip. Multistack is perceived as a "china" company due to its manufacturing and joint ventures in China. This _may_ partially account for its general cheapness ... or your broker may be right and it's a piece of s##t. I guess only time will tell. LM. --- Maximus/2 3.00* Origin: Soft-Tech, Qld, Australia +61-7-3869-2666 (3:640/201) SEEN-BY: 50/99 620/243 623/630 624/300 640/101 201 206 215 217 238 257 281 SEEN-BY: 640/299 301 305 309 370 452 523 820 821 822 823 838 839 890 937 SEEN-BY: 690/660 711/401 406 409 413 430 807 808 809 899 934 712/515 713/888 SEEN-BY: 714/906 800/1 7877/2809 @PATH: 640/201 820 711/409 808 809 934 |
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