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Technology Stocks : CSG Systems (CSGS) Billing Support Software
CSGS 76.69-0.3%3:59 PM EST

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To: Douglas V. Fant who wrote (76)7/23/1999 4:31:00 PM
From: Roger L. Chuchen  Read Replies (2) of 135
 
I just checked the chart of CSGS and just found out that being a dog is nothing new to the company. Even though it has reported great results on a consistent basis over the past 3 years, it had hovered at around 20 for almost 2 years prior to the meteoric run-up just 10 months ago (when it got above 30 and proceeded to 40). Well, if history repeats itself, this one will be a VERY LOOOOOOOOOOOOOOOOOONG hold for everyone who recently purchased.

I guess we'll have to wait for the momentum players to rescue us (as they did to those who bought just 10 months ago). I just feel sorry for those who purhcased in the 40s.
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