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Technology Stocks : CDCO - CidCo Incorporated
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To: Candle stick who wrote (73)8/30/1997 6:18:00 PM
From: Rob S.   of 204
 
I sold out of my position on Friday because the TA of the chart looked like CDCO might be in for a pull-back. I don't have a very good handle on the competitive landscape Cidco swims in but the area of internet phone appliances could bust out into very high growth within a couple of years. Cidco has hired some key managers and has designed some preliminary products to address this market, but I can't say how well these will be accepted. I saw a nice profit and will now put this one on my "watch list" and try to participate in the next conference call. Upon news that they have major OEM or other agreements in place for the iPhone product, or if the stock gets clobbered, I may jump back in.
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