CCSC - Coherent Communications Message Board

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Technology Stocks : CCSC - Coherent Communications

CCSC 5.170

+0.4%

Apr 20 5:00 PM EST

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To: Leeza Rodriguez who wrote (277)	10/7/1997 3:46:00 PM
From: Todd D. Wiener	of 381

BREAKOUT! CCSC has set new all-time highs today, on heavy volume. This is very bullish, technically, even though the stock is fully priced on a valuation basis. Generally, stocks that break out of long-term trading ranges tend to move up a few points before consolidating. It's possible that CCSC won't fall below $28-29, following this run-up. Although CCSC has surpassed my target price of $28, I have not sold any yet. Todd

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