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Stocks C / Corsair Communications

URL:  http://boards.fool.com/propfool-earnings-came-in-at-31share-vs-11978511.aspx

Subject:  Re: SOLD TOO SOON Date:  2/13/2000  12:08 PM
Author:  BOBDALEY Number:  15 of 31

Propfool, earnings came in at .31/share vs estimates of .14. However, a big chunk of the suprise came from reduced R&D and taxes. Small cap tech stocks who slash their R&D budgets do not remain highfliers for long. I'm sitting on a triple, but the cut in research has me more than a little nervous. New products are set to be unvieled at a show on Feb. 28. I still like the company for the reasons I bought it,wireless will a growth industry for years to come, Corsair's Pre-Pay makes sense, especially overseas, and Corsair has 46 million in cash with almost no debt. To sum up, I will stay long but my finger is on the trigger. Good luck to all. Bob
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