Carnegie Group(CGIX)-hidden gem? Message Board

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Technology Stocks : Carnegie Group(CGIX)-hidden gem?

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From: bill small	3/7/1996 8:47:00 PM
	of 144

Peter, I wish I knew!!! There are certainly enough shares outstanding to support institutions purchases. Of course it would drive up stock price some but I suspect as price went into mid teens many sellers would emerge. These sellers would be those who bought on the IPO and don't want to hold long term. This stock didn't run up after IPO like many do so initial buyers sre probably waiting for chance to make nice profit which thay would when CGIX reaches mid teens. Anyway, that's my theory. I think institutions would welcome a nice steady earner as CGIX should prove to be. Not a Netscape, not some new fangled product which may be obselete next year, but a company selling state of art expertise which helps make business run more efficiently. So fundamentals would seem appealing to institutions. BUT sure isn't any sign yet of them nibbling yet!!!!! I would like to see the report to see how stong recommendation is. Marie is working to get a copy and will post results of her effort. best........Bill

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