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Strategies & Market Trends : Rande Is . . . HOME

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To: carepedeum2000 who wrote (13155)10/6/1999 1:20:00 PM
From: KevinThompson  Read Replies (1) of 57584
 
12:15 [CNQR] CONCUR TECHNOLOGIES SAYS OCEAN SPRAY CRANBERRIES CHOSES CONCUR EWORKPLACE.COM

Just a typical example of why CNQR should be a good play at these levels. They have more pending announcements. Looking at the Press Release yesterday regarding their warnings, it would appear that they have plenty of "business waiting to close", that didn't make into the end of the quarter as first anticipated.

All it should take at this point to push the stock back up would be an anal-yst "reiterating" their buy ratings. (Of course this may not actually happen since anal-ysts tend to upgrade on overpriced levels and downgrade after a fall.) In any case, at these levels (can you believe a >50% haircut!), any good follow-through news will push this up good for a few points from here - IMO, of course.

Best Regards,
KT
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