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Technology Stocks : Cascade Microtech Recent IPO as of 12/14/2004
CSCD 21.860.0%Jul 5 5:00 PM EST

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To: BWAC who wrote (13)12/29/2004 4:23:19 PM
From: robert b furman  Read Replies (1) of 71
 
Hi BWAC,

Agreed.

I think the advice from IBD will fit here well.

Let the stock go 7-8 weeks and see what price does.

If we get consecutive earnings and revenue growth - this will be a good IPO.

I'm watching here looking for a dip which might build the left side of a cup.

It could provide some good value.

It is not uncommon at all to buy a stock below the IPO price or even below a private placement of a secondary.

That coupled with stable/increasing revenue and this could become a good stock.

Still watching and glad to have your eyes here as well.

Thanks

Bob
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