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Technology Stocks : copper mountain CMTN

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To: Probart who wrote (758)9/10/2000 11:01:27 AM
From: cdtejuan  Read Replies (2) of 1226
 
i bought a bunch of cmtn @ $51.25.

i´ think this is an excellent price to go long cmtn. as for the 40´s, i don´t see them, but heck, i was surprised cmtn sunk so fast to 50 without any sign of support..

next week might prove me wrong! ;-)

bottom fishing is nice but i´ve experienced many times that i got too greedy trying to predict the bottom and i missed the big move...

the downtrend is strong and intact, and i understand the cautious strategy. but the fundamentals seem intact, insider selling stopped as far as i can tell. sector looks nasty but it wont stay down forever.

i hope we might have seen or will see the capitulation & reversal point next week.

juan
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