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 : Cognitronics (AMEX: CGN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: INVESTOR who wrote (13)5/13/1997 10:03:00 AM
From: Neil Kalton   of 142
 
Investor,
Not "seasonal" but "cyclical". The stock chart going back 15 or so years conveys this (a sort of boom then bust type pattern). Right now many telephone companies are upgrading their systems. This is also spurred by the entrance of many local telephone companies in the field. Currently, CGN seems to be at the beginning of an up cycle. I do think it has alot of room to run but at the same time I don't plan on holding this one much past another year or so (assuming things go as I hope). The big thing with this stock is timing and realizing that the strong earnings growth and sales momentum will probably not last forever.

-nk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext