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Technology Stocks : copper mountain CMTN

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To: Probart who wrote (1049)10/13/2000 10:00:15 PM
From: P314159d   of 1226
 
Pro, this sounds like an Auric stress test.

I will be a modest bull, for earnings. I can't believe at 30, CMTN can collapse any worse! So I started today at 29.25 and 29.75. Looking like a double bottom to me with a 39 target. Good chance to reach back to upper 40s to lower 50s with good report.

I think, this was a huge FU to the DSL world! this qtr is the low.
DSL Earnings potential is absurdly higher than most tech right now.

I might be wrong, but buying 4 times more Copper today versus last qtr seems logical given the eps. I don't think it goes lower.

Maybe some rookies in this selloff can't see the difference, but I see the value and growth here. I dare say you, Bong, Rare, et al are not "rookies". You saw value much higher (rightfully so)and I contend that it gets there quite soon.

I am usually too early to the parade, but this time I waited much longer. I got a lucky buy point. I expect to own much more CMTN this time around than last year.
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