Terry & JDN:
1. I have not achieve my position goal for SYNT yet. Halfway done here.
2. JDN is right, got to be sneaky with SYNT. Trade is so thin.
3. I have not look into CBSI or MAST yet. My general impression are that both are pretty savvy with Wall Street. Fundamentally, I don't know. Didn't do any DD on them.
** I do like to invite you guys's opinion on SEGU, another old Y2K player, that are in the same line of business as Mercury Software: testing. They have positioned themselves well and release quite a bit of testing software for e-commerce. They have alliance with US Web/CKS and their software was just chosen by e-Bay this month.
Most technical reviews have given high marks to their software too.
However, the stock has been falling like a rock since end of last year. Especially recent 2 weeks, it has been falling down on small volume, highlighted by a few big block sales mostly near the close, sneaking through, sort to speak.
I have checked SEC filing,no insider sell but notice couple institutions have lightened up their holding a bit (BofA and Dimensional Fund Advisor) since their last filing in 6/99. Nothing major though, and they still holds more than 5% as of yesterday's filing.
The earning is due out next week or so, but the date has not been set yet. (I have called IR several times, and they just don't know the date yet. I am a bit cautioned by this.)
Maybe you guys will be interested to do some DD on them?? I have scratched my head everyday for this stock. One side say sell, one side say buy more?? Opportunity? Trap?? What do you think?? |
