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Technology Stocks : CDCO - CidCo Incorporated
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To: Tracker who wrote (54)8/8/1997 8:30:00 AM
From: Jim Babcock   of 204
 
This is the first set of good news out of this dog in quite a while. Unfortunately, it probably won't do anything significant to the stock price until some real revenues come in. I bought it at 18 and a day later it dropped to 13. This was my single worst return of any investment. That is a 10100% loss annualized. I am cautiously optimistic that they will return to the 18 or so level in the next 6-9 months once revenue starts in. One other issue with this is that they have subcontracted out the actual telemarketing, so their profit margins are getting pinched.

Waiting patiently.
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