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Technology Stocks : Superconductor Technologies : SCON
SCON 2.500+10.1%Sep 7 5:00 PM EST

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To: Jon Khymn who wrote (244)1/14/2000 1:57:00 AM
From: Roger Schelling  Read Replies (2) of 903
 
Web Myst........CDTS
I am certainly not running down SCON on this thread.
I assume you have looked at the technology for cleaning up cellular that these companies have. An then the demand for more bandwidth as seen by the interest in the fiber optic companies.
If not please do. Lotsa links here and on the AMSC, ISCO, CDTS threads in the past month or so.
Now that comment. Yikes I guess i opened my mouth so now why? :)
That was largely based on how well CDTS holds up, and I always like stocks with a small float. 2.7 million on CDTS - only 6.7 million on SCON according to "marketguide".
Anyway I meant there was a lot of profit taking in the market the last few days and there surely has to be some with huge profits in CDTS already. The holders did not dump it. So for what that is worth, it is what I based this encouragement on.
Also looking a the 10 year chart for SCON and CDTS, I see there is a fairly good reason why CDTS has resistance at 17(from '96) and SCON at 8(from '93,'94,'95).
More reason they had to "sell off" but did not.

"When and why?"
There are some reasons why. FWIW
When? Man if I knew it all this would be easy. AMSC kind of led the way in this run up of Superconductors starting in March '99. It has already surpassed it's '94 highs. I will be watching it. The others seem to follow quickly.

Roger
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