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Technology Stocks : CDCO - CidCo Incorporated

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To: Elroy who wrote (138)7/9/1998 8:51:00 PM
From: Steve  Read Replies (1) of 204
 
The market thinks that this company is going out of business. Cash in the bank doesn't mean anything. From what the market is telling us, the company will continue to lose money. The company has disappointed investors many times now and there is no reason to believe that they will come through the latest trying times.

We'll have to wait and see what miraculous plan they come up with. Maybe there is some hope. As I posted a while back, the iphone has no chance priced at $499 and not even $300. Maybe a price of $75 will work but I doubt if the company can make money at that price.

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