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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: Tuan Phan who wrote (289)10/21/1997 5:46:00 PM
From: Todd D. Wiener  Read Replies (1) of 381
 
Here's my current opinion regarding CCSC's future price movements:

The stock will likely go no higher than $33-34 in the near-term. In a few weeks, the stock will reverse direction and decline to $27 or so. In early December, CCSC will begin to climb again, reaching the low by year-end. The stock will continue to climb, approaching the mid-30s by mid-late January. When Q4 earnings are announced in late January, they will beat estimates, causing the stock to soar to the high 30s, perhaps reaching $40 by February.

Todd
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