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Technology Stocks : SSII - Info?
SSII 7.250-3.2%3:54 PM EST
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To: Jolie Renee who wrote (19)5/9/1997 6:52:00 PM
From: MENSO   of 134
 
<Yes, I have been on the CNTR thread. I bought 1K sh at $2. I have a sell order in at limit of 2 3/4. Don't think this will be a problem. Beyond that, I think it would be asking for the impossible with this stock.>

I agree that you won't have any trouble making a nice little profit if you bought at $2 and expect to sell at 2 3/4, and I have always admired somebody who will set his/her target and then stick to it.

But FWIW, I happen to think that the short-term upside potential is actually much higher than that. I would not be at all surprised if it went back to the recent ~$3 to ~$4, or even ~$5+ levels provided the company comes out with a good Q2 report.

Did you already hear that the company apparently could not recognize some Q1 revenue from ADP because the product did not ship in time? With ADP being one of the company's core sources of revenue, the impact on Q2 could be substantial or the management would not have seen it fit to mention.

BTW, thanks for your E-mail message stating that you didn't think CNTR would have any trouble returning to $3 shortly, from its current ~$1 1/2 range. I was curious as to why you had chosen not to post it to the CNTR thread and instead chose to E-mail me privately - but now that I realize you have set your sell order limit at $2 3/4, I am really left wondering as to what your reason might have been......
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