1-800 CONTACTS, Inc. (CTAC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : 1-800 CONTACTS, Inc. (CTAC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Red Heeler who wrote (20)	10/10/2000 12:32:56 PM
From: Sir Auric Goldfinger	Read Replies (1) of 25

1-800 Contacts Dn -2: Shares Continue Monday Decline 10/10/0 11:59 (New York) By John Shipman Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of 1-800 Contacts Inc. (CTAC) fell more than 21% Tuesday after losing more than 23% in Monday's session. One analyst said it could be a result of a "sell" recommendation from an investor newsletter. C.E. Unterberg Towbin Co. analyst Daniel Ries said he heard that the Cabot Market Letter, available to subscribers only, had recommended investors sell the stock. Ries had upgraded 1-800 Contacts to buy from neutral on Friday, based on valuation, he said. Investor message boards on the Internet also mentioned the Cabot sell recommendation. Officials at Cabot weren't immediately available for comment, and a spokesman was not able to confirm the sell recommendation. Officials at 1-800 Contacts, which sells contact lenses via the Internet and over the telephone, were not immediately available for comment. Shares of the company were recently down $7.25, or 21.2%, to $27 on volume of 316,000 compared with average daily volume of 230,600.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next