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Technology Stocks : CPTL

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To: Lucky who wrote (82)11/10/1997 7:22:00 PM
From: Froman  Read Replies (1) of 199
 
Lucky,

I did read the news article and found it to be a news article taking comments from a couple/few analyst on why this stock has rallied so strongly over the past couple of weeks. One comment stated the possible cause of the rise was the fact investors are becoming aware of the change in revenue recognition for CTC and another comment that stated that CTC was part of the next level of the telecommunications foodchain. But I didn't read any negative implications regarding CPTL in this news article.

With 400+K shares on 11-06-97, 500+K shares on 11-07-97 and 600+K shares on 11-10-97 and the price moved up over a dollar each day, means more people are buying in at higher levels. Sure, there may be no logic to it, but sometimes you have to go with the flow.

Good luck!

Fro
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