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Technology Stocks : C-Cor Electronics-CCBL

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To: Jim Oravetz who wrote (175)8/14/2000 7:02:53 PM
From: architect*  Read Replies (1) of 235
 
some quick thoughts on 8/16 annual report.....
CCBL year to year EPS growth for fiscal year 1999 - 2000 estimated @ 1767%. The 1767% EPS growth in Wednesdays report will get noticed and hopefully generate some institution buying.
also note CCBL has a low PE and PEG ratio compared to the fiber optics industry. CCBL could appreciate 300% from $27 and still be in-line with current PE and PEG ratios for the fiber optics industry.
quicken.excite.com

Today 8/14/2000 CCBL was turned back by resistance at $28 created by the 20 day and 40 day moving average. The 20 day MA is $27.9 and the 40 day MA is $27.4

when CCBL takes out $28 with volume this should confirm a price reversal to the upside ..... assuming CCBL meets analyst estimates
...and market willing.
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