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Technology Stocks : Command Systems, Inc. (CMND)
CMND 0.459-32.4%3:59 PM EST

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To: P. Ramamoorthy who wrote (1013)7/17/1998 2:34:00 PM
From: Red Dragon  Read Replies (1) of 1956
 
Nanda, it may take longer than 6 months for this one to go back to teens.

Probably much longer, if ever. I cut my losses and I'm out today. Personally, I think the rate of return will be greater if I take the sale proceeds and bury it in my backyard rather than keep it invested in CMND for the next 6 months.

This is all I needed to see...

"primarily due to costs...which were not accompanied by expected growth in project business"

"also experienced a lower than expected gross margin reflecting a less profitable mix of business and reduced margins"
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