CMCI Message Board - Msg: 3073120

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Technology Stocks : CMCI

CMCI 0.0001000

0.0%

Apr 14 5:00 PM EST

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To: Don Kelly who wrote (236)	1/1/1998 2:48:00 PM
From: Creditman	Read Replies (1) of 329

Don, I am basing my strategy with regard to CMCI based on my knowledge of current business conditions in the industry ..an industry I have "lived" in just about 24 hours a day for more than 20 years. I am not buying because CMCI is "cheap" but rather because I believe that there is a dearth of capacity and because bigger firms are buying up companies that have capacity ... like CMCI. From a technical standpoint you are correct. And I am not betting the farm here either. I had too much concentration in semiconductor stocks, needed to lighten up there and I have done well buying these overdone moves in my industry the past year. I mentioned it before and am sure not bragging but in March ELEX dropped from $25 to $9 in one day ... I got in with 10K shares at $10 and made $150K. I have also bought DIIG a couple of times on big drops and made good money there too but those declines were not as significant as ELEX or CMCI. I can afford to hold my new 6600 shares of CMCI for a long time if I need to but by the time earnings come out next I still believe we will be higher than Friday's close. The industry is booming and growing and more and more OEMs are outsourcing. That is the key.

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