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Technology Stocks : copper mountain CMTN
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To: Rarebird who wrote (764)9/9/2000 3:46:39 PM
From: Johnny Canuck  Read Replies (1) of 1226
 
OT <PUMA>

So what is take on PUMA now? The prospects have not seem to change, though it appears quite a few more years off than originally anticipated.

This stock seems to have consistently beaten earnings estimates the last few Q's, but gotten sold off every time as a result. The spending on R&D is exceptional high and revenues are low given the share price even at this level. The revenue growth rates are impressive though.

This is obvious a story stock which the momentum traders have abondoned. So what is the catalyst to bring them back?
The launch of the initial 3G standard in Japan next yeat?
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