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Technology Stocks : Stock Swap

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To: Greg Butcher who wrote (11510)2/6/1998 11:47:00 PM
From: Robert F. Newton  Read Replies (1) of 17305
 
Greg: To each his own......I'm curious for your reasoning to consider CDO a short candidate...........................

I got into CDO last spring and have been very happy with its performance thus far.

IMHO, The recent moves in the stock are due to the awareness of their Y2K testing capability. It is a minor part of their business but obviously will be a significant contributor to their bottom line in the next few years.

Personally, I won't be surprised to see CDO retreat back to the mid-high '30s but hey what the hell do I know.

Best of luck to you
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