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Technology Stocks : CNQR - Concur Technologies

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To: Neil H who wrote (314)9/18/2000 5:30:05 PM
From: Geoff Altman  Read Replies (2) of 374
 
I've done the same, been in and out a few times always gaining a few points but that was then, this is now, the market has changed. My present position I started buying at about 7 and lower, well it looked like a good bottom...... IMHO this next earnings is going to tell alot about where the company is going and if it can get its cash burn rate down. If it can't control spending and misses estimates again then a buy out would be the best case option, the worse case would be a delisting. Now let me be clear about one thing, I don't think that a delisting will happen but it's possible since the Co. has done little in the way of holding up its stock price. Those fluff stories announcing new customers won't work anymore, investors want to see results on the bottom line. So far so good for this quarter since they haven't released a warning but I'm keeping my fingers crossed. Sorry if I sound pretty negative but this markets getting real scary.
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