Catapult Communications Inc (CATT) Message Board

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Technology Stocks : Catapult Communications Inc (CATT)

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To: Byron Angel who wrote (156)	9/3/2000 11:53:36 AM
From: jbkelle	Read Replies (2) of 184

Byron, CATT chart looks ready to pop to the next level up. I'm not a chart reader, but it looks like the next leg up would be 21 or so...+12% from here...perhaps it could run to 25 or so...+33%...the latter being less likely than the former. Reviewing the exchange on Yahoo, looks like some news could be released soon, which would provide the prodding needed to get past the 21-22 range, or maybe not. I have no doubt that over the next year or so we'll see 30, and perhaps 40, but since I hold my shares in IRA's, I'd like to be sell on pops up and buy on pullbacks. To date I haven't traded the stock at all, bought at about 9.75 and 11.75 in different accounts within the last year, held through the pullbacks to 7 (couldn't bring myself to add more), and am waiting for doubles in both accounts. I expect an excellent report for next earnings based on previous announcement and conference call, but I also expect some significant turbulence in the market in October. I'm trying to resolve how I'll play this stock and am trying to find out how informed others plan to play it. Best to you...JBK

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