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Technology Stocks : Circuit Systems (CSYI)

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To: majaman1978 who wrote (16)8/23/1997 3:59:00 PM
From: kolo55   of 51
 
Buying these shares are frustrating.

Unless I cave in and pay the ask, my orders simply will not go through. There isn't even enough volatility in the ask, to pick up shares on a "dip" of an eighth or even a sixteenth. It looks as though some decent size buy-side blocks go through just a sixteenth below my offer. I wonder if the company is picking up shares.

I'm hoping we get a spike down below 5, but if I want to buy these shares and get a decent position, I'll have to pay 5 1/8.

On other news, do you know when the Tennesee plant acquisition from Phillips will be finalized? When the revenues from that deal augment current revenues, the next Q report will look pretty good. Also Sigmatron(SGMA), one of CSYI's customers is highly cyclical, and we are moving into their best two quarters now. CSYI owns a chunk of SGMA stock, so that works in their favor as well. It wouldn't surprise me to see this stock 7-8 by early next year.

Paul
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