SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Todd D. Wiener who wrote (177)4/29/1997 5:34:00 PM
From: Bradley C. Pearce   of 381
 
I saw the IBD blurb on PBHG. I agree with Todd that the amount listed in the paper was from selling last fall. I think those numbers reflect sales in the 4Q. According to the recent CCSC proxy, PBHG still owns about half that as of the end of 1Q, 97. As far as the president filing to sell half his holdings at 15 and change I will investigate. However I only get concerned when a number of top management bail at depressed prices. He may have a personal reason to sell. In case you folks havn't noticed, we are in a small cap bear market so CCSC isn't being unfairly picked upon. In fact it has held up well relative to many other NASDAQ stocks. In my opinion, PBHG bailed too early on HELX, they are turning around along with the other companies in the semi equip area. I don't know why PBHG sold half their CCSC but looking at charts of their top ten holding I'll bet they wished they hadn't. I see no deterioation of the fundamentals of CCSC and don't forsee a slowdown in the telecom equip industry barring a global recession.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext