Cotelligent Group, Inc. (CGZ) Message Board

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Non-Tech : Cotelligent Group, Inc. (CGZ)

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To: I. Luttichuys who wrote (10)	8/12/1997 3:17:00 PM
From: Peter S.	of 45

I'll attempt to revive this thread with a little speculation. Given that their MO is expansion thru acquisition and they have not made a purchase for a few months I would say they are sizing up a new addition. I work in this industry and a colleague of mine works for one of the Cotelligent family of consultancies. He said that they had an acquisition in mind when the stock price plummetted. Now that they have regained most of their value and have double their LOC to $40M I am expecting some news soon. Also, this company doesn't buy dogs. They grab good companies with effective management and keep the management in place after they take ownership. They figure that these guys already know how to make money so let them continue. So on that basis an acquisition anouncement should add another $2-3 to the share price. Does anyone agree/disagree. This stock has had a steady increase since I got in at 10 7/8 but is it worth waiting around for a extra couple of bucks?

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