The Thread Formerly Known as No Rest For The Wicked Message Board

STOCKTALK

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 : The Thread Formerly Known as No Rest For The Wicked

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ivan who wrote (66616)	10/20/1999 11:44:00 AM
From: Bryan	Read Replies (1) of 90042

The buyers are gone I disagree. There seems to be a new round of buyers, just at lower levels. Seems to me that since CS is 'in-play', that a lot of the big interest comes and goes at different levels. There was a lot of speculative large block purchasing in the 19's. Perhaps some of these players are now selling since a takeover has not materialized, but sector weakness has. This portends no deal. Kind of a bold statement, don't cha think? I agree with the prospect of no deal (at the current stock valuation), or less of a deal, (which doesn't seem to be an option for management). All this equates to IMO, is more time. I have plenty of that up my sleeve. And for CS to prove their worth on their own merits will take more time (especially in the midst of bigger future earnings expectations from some analysts). Spin-offs make sense in this scenario. Piyush thinks they can get the share price into the 30's Also pointing to the need for more time. I think it can be done on their own merits as do you (you do think this, right?). The problem here is too many people bought CS ONLY because they thought a takeover was imminent. Keeping in mind the management's plans, takeover seems to diminish along with CS share price. Patience is the key here. bk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next