Cognitronics (AMEX: CGN) Message Board

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Technology Stocks : Cognitronics (AMEX: CGN)

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To: INVESTOR who wrote (75)	10/16/1997 6:53:00 PM
From: Neil Kalton	of 142

To anyone interested, CGN has received a little publicity. In the Nov. issue of Individual Investor it is the high light stock in the America's Fastest Growing Companies Section. Apparently "high light" stocks usually do very well after being highlighted though I can't remember the exact figures. Anyhow, the article focuses on increased telco spending and CGN's strong second quarter. The author thinks CGN will easily beat consensus estimates of $.98 for 1997 and has a target price of $27. However, remember CGN's recent success is due to a new product and many telco's upgrading all at once as a result of the telecommunications reform. Once the telco's are done upgrading CGN's sales will slow. Because of these concerns I have only retained a fraction of the shares I initially bought -nk

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