Cognitronics (AMEX: CGN) Message Board

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Technology Stocks : Cognitronics (AMEX: CGN)

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To: JakeStraw who wrote (113)	3/10/1998 8:08:00 PM
From: Neil Kalton	Read Replies (1) of 142

j garcia, It seems like the momentum is out of this one. I also have my doubts that they can do $1.50 next year. The company has not announced any large orders recently nor, in this last earnings statement, did it give any indication that the strong sales momentum will continue into the next quarter. This is a cyclical industry and sooner or later the telcos will have finished upgrading their systems. This could lead to slowing sales for CGN. I don't have any clue as to when this will happen but feel that it probably will eventually occur. IMO, Indiv. Investor and the other analyst who started coverage on this one were late to the party. Where were they when this one was a steal at $5. Now, at $17 this one is no longer a steal. I have long since taken my profits and moved them into VII and EIDSY. Best of luck to all, -nk

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