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Technology Stocks : CNQR - Concur Technologies

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To: Geoff Altman who wrote (177)12/18/1999 2:58:00 PM
From: TH  Read Replies (2) of 374
 
Time to consider earnings? Anyone have some thoughts on this.

The way I see it, sometime in the next two-three weeks I am going to either sell my current long position or double it. Going short on this one is not an option I would consider at this time.

I am not sure which way I am going to go, but if there are any earnings concerns, then I am gone.

IMO, S.S. must have learned his lesson last quarter. I have to believe that FIRES have been lit under his people to ensure that the numbers are there. I look at all the PR from this company and I have to believe these guys are focused on the task at hand, and making sure they can prove it to the street.

If we make the numbers CNQR will keep trending up. If we blow the number away then we might start to get a real B2B multiple. If we miss the number it won't matter how low it goes, I won't be buying again.

S.S. has his second chance, I hope he makes the best of it.

Good Luck

Thurston
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