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Technology Stocks : Conductus (NASDAQ: CDTS) superconductors

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To: Zeev Hed who wrote (280)3/17/2000 5:35:00 PM
From: Thomas Haegin  Read Replies (2) of 352
 
Zeev, while technical analysis may play a role in any stock's price, with all due respect, I think what will get the HTSC stocks really moving are volume orders by wireless operators refitting/building out their infrastructure. Until then, all price movement in CDTS and SCON will be pretty "random", IMHO.

It is not my intention to badmouth technical traders with this, please!! Please do not take offence :-)

Interestingly, SCON has not given any numbers in their recent Alltel release... Also since the CDTS CEO said that profitability will only be next year (possibly), I think we are still early in the game.

I basically see my position as a longterm ticket for when volume orders finally arrive. I would not be too surprised if people expecting big news over the next 2 weeks or months will become dissapointed (sp?) and will eventually sell out of frustration.

I'm in at about $50, and if we hit the lower 30-ies I will consider buying more. I believe this technology has longterm merit, and the wireless market for these filters will be there. I am with CDTS because I think they are the best financed, but I could imagine buying SCON also. ISCO has had too much armwrestling on the sides with shareholders, etc. to let me feel comfortable.

kind regards,
Thomas
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