Computer Network Technology (CMNT) Message Board

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Technology Stocks : Computer Network Technology (CMNT)

CMNT 0.0001000

0.0%

Dec 19 4:00 PM EST

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To: flickerful who wrote (630)	7/7/1999 6:15:00 PM
From: Lance Bredvold	Read Replies (1) of 750

Came upon today's earnings prewarning half an hour late, decided that the reaction which sent the price down to 15 7/16 was overdone but since trading was still halted, I slipped in a bid at 15 3/8 just before the close. Shortly thereafter I checked to find that CMNT had not reopened during normal trading hours. Thus I was quite surprised to check live quotes about 5 ET an found a lot of trades in black (indicating late) and as form T trades indicating after hours at $12. I went back to my on line broker and found no evidence that I had made a trade. I'm certainly surprised that apparently trading opened up again after hours and am anxiously awaiting news of whether or not I participated. I have since attempted to cancel my order. I am not much troubled by the announcement which was made (probable .07 with sales up to $38mm). I had rather felt the market was counting on far too rapid growth at $20 and above--in fact had sold some shares back at 10 and 14. I think this company still has significant potential and will try to buy some tomorrow at 12 1/2. L

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