CMCI Message Board - Msg: 3072961

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Technology Stocks : CMCI

CMCI 0.0001000

0.0%

Apr 14 5:00 PM EST

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To: Creditman who wrote (235)	1/1/1998 2:11:00 PM
From: Don Kelly	Read Replies (2) of 329

>>>Don't just "hold" CC, if you believe that this is one of the fastest growing groups ..buy more now at these $6 firesale prices.<<< Statistically, the vast majority of stocks that suffer this kind of huge one day loss continue to go down. Of course, some recover quickly, but many gradually drift lower over a period of months or even years. Buying a stock just because it's "cheap" is generally a losing strategy. CMCI's $5.00 book value may or may not be a support level. FWIW, I offer this counterpoint not to suggest you are wrong, but only as a word of caution. Until a new trading channel is established, the wisest way to play this one may be from the sidelines. In other words, I would wait until a clear trend emerges. The trend is your friend.

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