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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Jorj X Mckie who wrote (8236)4/18/2001 4:11:33 PM
From: Logain Ablar  Read Replies (2) of 15481
 
John & Tom. Hey I liked CORV cause Tom liked it <gg>. Actually just from a balance sheet (although they need to start generating sales to eliminate the cash burn), beaten down, potential takover play. I liked it @ $6 and $8 should be ok (maybe a pull back to $7.5). Wouldn't bet the farm but it has potential.

On resigning CFO's regrading TIBX. Its not always a bad sign but its usually better to be safe than sorry. Normally where there is smoke there is a smoldering fire. Of course is could just be a conflict of personalities or something along those lines but I'd remain cautious.

On CMRC since they had a decent cc a week or so ago I'd expect this cc to be ok and the stock can move to $14 area but I don't see it breaking resistance around $18. ARBA can still take down the sector Friday morning.

I'm also paranoid as to why AG cut now when he could have waited a month. Hays is still positive and I'll try to post the comments tonight

Best

Tim
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