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Technology Stocks : CLCX - Computer Learning Centers

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To: Giordano Bruno who wrote (7)9/30/1997 9:32:00 PM
From: John E. Bentley  Read Replies (1) of 339
 
I haven't yet began looking for serious information about the company. I'm still comfortable with the company. For a computer education firm, though, their web site--www.clcx.com--has remarkably a remarkably uninformative investor relations section.

Even with the recent price retreat, it's still up 30% since May when I got on board. (In August when the price was in the high 40s I thought it was getting ahead of itself.) All of the news in the past few months has been positive (some serious and seemingly lucrative partnerships and certifications) and the Annual Report in July(?) was up-front regarding the fact that some sites were/are in trouble with the student loan default rates and that that could lead to some sites being barred from certain government educational loan programs. But I think the high-powered analysts should have taken that into account. The stock price is volitile from day to day and week to week, though.

I regret that I don't know much about the company; I did some admittedly shallow research when I bought it for my IRA--to me, it's definitely a retirement-oriented investment and I liked what they were doing and their plans for expansion.

I'm curious... do you know who their competitors are?

John
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