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Technology Stocks : COM21 (CMTO)

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To: Sultan who wrote (1511)1/14/2000 6:19:00 PM
From: lml  Read Replies (1) of 2347
 
Pat:

Thanks for the report. Saved me some time, which is a valuable commodity these days.

Sultan:

Agree. CMTO needs to show some definitive new biz. Talk from Fenner is great, but proof is in the HFC pudding. IMHO, the stock has languished because nothing more than CableLabs Certification was disclosed at the Western Show. This week's earnings announcement was good given that we really couldn't expect too much from this Q.

I think as $$$ comes into the market, perhaps later this month, or later in the Q, CMTO will trend up to the high 20s. IMHO, CMTO should be at the top of many buy lists given its discounted valuation relative to TERN. It is my conclusion that it is the market makers to whom pressure should be applied to rally this stock & diminish the disparate valuation that now exists b/w CMTO & TERN. Fenner needs to focus on the business & not the valuation, which he is doing.

CSFB, ML & Dain need to start banging the table on behalf CMTO. An upgrade or an upward revision to estimated Q & annual earnings are in order as soon as Fenner can demonstrate an increased revenue stream with a reasonable likelihood. Hopefully, Fenner can deliver on this note soon.

JMO.
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