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Technology Stocks : CATP-The stock is taking off

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To: Ram Seetharaman who wrote (777)10/22/2000 4:31:47 PM
From: Rick  Read Replies (1) of 782
 
Ram,

CATP has been a strong momentum play...unfortunately it's been to the downside.

agree that death of dot com mania is a net positive on recruiting and turnover, and only a small negative on demand for services, as CATP doesn't focus on the sector.

between cost cutting and a more favorable environment for recruiting and turnover, it should be able to show positive earnings.

this might be enough to move the stock up a bit, but until they get a management team with vision, which can persuade customers, employees and investors that they aren't a bunch of dolts......it will be hard pressed to get any real traction.

way undervalued at this point, though.

Rick
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