Cognitronics (AMEX: CGN) Message Board

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Technology Stocks : Cognitronics (AMEX: CGN)

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To: Carl Yee who wrote (41)	7/23/1997 4:18:00 PM
From: Neil Kalton	of 142

I suspect you're right. BTW, yesterday was a weird day. I attribute it to the fact that the past few quarters that CGN has reported there was profit taking after the announcement (even if the announcement was good). Perhaps a few traders thought that history would repeat itself and protected their profits prior to the announcement. Anyway, the fact that there was not substantial profit taking today leads me to believe that most everyone was extremely surprised by the extent of the earnings blowout. I'm curious to see where CGN goes over the next 2-3 weeks. -nk

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