CDCO - CidCo Incorporated Message Board

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Technology Stocks : CDCO - CidCo Incorporated

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To: Rob S. who wrote (72)	8/29/1997 1:04:00 PM
From: Candle stick	of 204

Hi jon, I am new to CDCO. I noticed it has run up from 13 to about 23 in just a few days. What exactly is going on in the company to warrant such a dramatic increase in price so fast? Will the coming earnings this quarter justify this near 100% appreciation? I saw the CEO on CNBC and it did not lead me to believe that the company was growing that fast. I recall his stating that last years sales were $215 million and that analysts were expecting $250 million this year. That hardly seems to be enough growth to support a doubling in stock price so quickly. He also stated that none of the products were proprietary, so they are wide open for competition. Whats up?..thanks in advance..;^)

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