Cognicase (COGI, T.COG) - Integrated IT Solutions Message Board

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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions

COGI 4.550

+8.3%

Jul 18 5:00 PM EST

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To: Risky Business who wrote (202)	4/4/1998 9:50:00 AM
From: Sally Gallagher	Read Replies (1) of 843

Risky, Thanks for the post. I've been trying to figure out what a good entry point is for COGIF. I, like you, am impressed with their acquisitions and long range plan. What I don't like is the movement of the stock: now trading below its moving average. Up only 1/8 yesterday on heavier volume (peaking before another down turn as some of those who bought on the way up wear out and take their profits as it holds and dips around 19-20?). On the other hand, consolidation is expected after such a runup, and I might expect some y2k money to rotate from short term traders taking profits from other, more recent runups. Still, this consolidation in COGIF seems to be fading into more of a pull-back than a base. Have a great weekend. Sally PS hate to ask, but do you know when earnings are announced for the quarter?

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