COM21 (CMTO) Message Board

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Technology Stocks : COM21 (CMTO)

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To: Techplayer who wrote (1391)	12/12/1999 5:52:00 AM
From: lml	Read Replies (3) of 2347

briand: The runnup in CMTO prior to certification was impressive. I figured that stock was poised to move roughly from 25-30 once certification was received, & stated so on the RB Board a couple weeks ago. See ragingbull.com and ragingbull.com Here we are two weeks later & we have our certification, after some interesting market manipulation. What is noteworthy from my perspective were comments made by Fenner on CNBC indicating the prospect of new domestic business with several major MSOs following CableLabs certification. Fenner's comments was news to me since I was unaware of any significant business that would possibly be made available to CMTO immediately following certification. I think the market will be waiting to hear further news on this front. Nevertheless, IMHO, positive news beyond certification is what is necessary to propel the stock north of 30 with conviction. It could happen this month if Fenner makes any substantive announcement at next week's Western Cable Show. Just speculation, but you wanted my opinion.

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