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Technology Stocks : COM21 (CMTO)

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To: Francois Lavoie who wrote (2324)1/22/2001 6:02:30 PM
From: WTSherman  Read Replies (1) of 2347
 
Sadly, CMTO is little more than a joke. If you look at their most recently quarter you see that their sales increased by about $15M over the same quarter a year ago. Unfortunately, their cost of goods increased by the same amount. This is a staggering phenomena and means that any increase in sales they have is unlikely to improve their bottom line.

These guys have been BS specialists from the beginning and there have been people on this thread(in the past) that have helped them along the way with excuse after excuse and talk about "knowing the management" and "talking to the management" that was little more than shilling for them.

Today's announcement about "volume purchase agreement" and the spinoff, is so typical. They try to make as much smoke as they can to keep investors from seeing how badly the company is run.

I only follow the company because I ended up with 100 shares left over when I liquidated my position before the big collapse last year, and I never bothered to get rid of them. But, every time I see these clowns in action it just tees me off.
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