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Technology Stocks : Carnegie Group CGIX (READY FOR A MOVE?)

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To: FARRIS who wrote (22)1/16/1998 12:33:00 PM
From: PeterGx  Read Replies (1) of 110
 
I don't get it?
first: where do you get your info? your broker.....?
Second: what difference would a few days make?
I am not looking to squeeze pennies out of CGIX: it is too low volume for day trading. I am thinking, the stock is probably better valued in double digits: and I am willing to give it a couple of years to see that happen. (if it does)

Provided info is not easily forthcomming, if the company goes bust they still got close to $3 cash per share. I believe that there is a possibility that the stock appreciates significantly (even if it takes a while). It doesn't look like 1998 will be a great bull year, so my opportunity cost of owning CGIX without significant capital gains is low. Then again, this is more of circumstantial evidence than hard facts about CGIX true state of affairs. Accordingly, I am nowhere near betting the farm, either.
Good luck
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