SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : KoalasOnFire' Nasdaq Pick of the Day Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J D B who wrote (4)12/6/1998 4:48:00 PM
From: The KOF  Read Replies (1) of 11
 
Thoughts on CDCO...

CDCO I believe was pushed up to current levels by short-term traders last week on a LU buyout rumor that by looking at the message threads has surfaced at times earlier in the year. On Monday absent any new rumors coming out, most of the remaining day traders will exit the stock bringing it down back under 3. As for the stock itself, it is an excellent value play (1/2 book value) and has a good chance to double in value around the 5.25 to 6 dollar range at or shortly after earnings are released in the third week of January '99. If the buyout rumors do pan out... all bets are off and you have a 8 to 10 dollar stock on your hand. After all this rambling... here are my actually thoughts... If it falls below 2.75 on Monday, buy a small amount and hold. You get two stocks in one...speculative (buyout) and value (1/2 book value).

The KOF
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext