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Technology Stocks : Cybex (CBXC) Anyone watching?
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To: Kurt T. who wrote (22)11/12/1997 8:37:00 PM
From: Dave Hanson   of 57
 
Kurt,

Indeed! Nice, isn't it?

FWIW, cbxc came to my attention via its listing in AAII's "shadow stock" category this last January. The point of this group is to highlight exceptionally performing companies that are still travelling below the radar screens of the big boys. Then, this past summer, it became the only "shadow stock" to also pass a CANSLIM screen for growth stocks. Seemed like an unbeatable combination--a stock poised to grow on timing and fundamentals, that was too small to move in exact sympathy with the other stocks traded by the big boys.

With the huge bargains we're seeing tonight, I'm tempted to sell at near the open tomorrow, buy something like TXN or AMAT, enjoy the rebound, then re-buy cbxc when it drifts back down again.

Good trading,

Dave
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