: Does anyone know why Geoworks stock (GWRX) is sliding so drastically?
Have you read their annual or quarterly reports?
Geoworks is not a solid investment. They have been operating in the red
for several years ( and they project several more). I think the price of
GWRX was over inflated when it was up around $10 and you are seeing a
correction.
Another factor is the general decline in price of stocks over the last 2
weeks.
Of course this is just my speculation...I am not a stock analist.
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Lee Bailey | E-Mail: off...@crl.com
User of Geoworks Ensemble instead of MS Windoze
>>Does anyone know why Geoworks stock (GWRX) is sliding so drastically?
I don't know anything specific, other than a *lot* of stocks dropped
significantly in the last week or so. Probably, the stocks that were less
'speculative' dropped less or perhaps not at all, but the market
generally was down. Also, other factors could be involved with *any* stock
price.
/j
I also asked her if there was any impending bad news from
Geoworks - she said very strongly that there was not.
She could not comment on new products in the PDA/CCD
market - all she would say was that '95 should be an
"exciting year".
Her explanation makes sense but I can't help wondering why
insiders would be selling their stock at current prices
if they expected good news next year (though I have to admit
I'm not an expert at this kind of thing).
Richard
: Her explanation makes sense but I can't help wondering why
: insiders would be selling their stock at current prices
: if they expected good news next year (though I have to admit
: I'm not an expert at this kind of thing).
This "trading window" (which closed today) was the first time in
Geoworks' 10+ year history that its employees could exercise their
incentive stock options, so it's not surprising that some of them
cashed in for a few $$$.
wks
RayW20