CNQR - Concur Technologies Message Board

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Technology Stocks : CNQR - Concur Technologies

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To: Outer-limits who wrote (329)	4/10/2002 10:50:27 AM
From: Outer-limits	Read Replies (1) of 374

Just changed my mind. Couldn't let this bargain pass me by. If CNQR was going to report a miss, they would have done it by now. Orders continue to come in for their products. I believe downside risk now is about 2.00. Couldn't take the chance that it will turn from here. Yesterday we must have had one large block go off, taking the stock to about 2.90, or its 50 day moving average. I think the buyers will slowly begin to come in later today, and then right into earnings. Similar pattern of selling was seen recently in SSFT, but it was just a technical correction down to 3 area. Now stock is in lower 7s. I expect the same for CNQR, with a great move up to the mid 4s by earnings time (Nasdaq willing of course). Good Luck!!!!

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