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Technology Stocks : CPCI - great earning , BARRON's suggest
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To: John F Beule who wrote (395)10/23/1997 6:57:00 PM
From: White Shoes   of 586
 
Well something is wrong, the company warned of a bad quarter. I cannot know whether there is "more to it"...but if you examine the balance sheet, determine your comfort level, and feel that there is a margin of safety there, then that is the best you can do. Book value is $8 5/8 last I checked. Reason for larger drop than overall market could simply be that this is a very tight stock, thinly traded and can move a lot on very little volume. Now if the stock stayed down for a month I would say differently, I presume this will even itself out and it will be back to $15 before long.
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