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Technology Stocks : LHSP: Lernout En Hauspie

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To: gc who wrote (1304)7/17/1998 11:32:00 PM
From: Goolie2  Read Replies (1) of 2467
 
OFF TOPIC

I really don't know enough about the COLTY to give advice, but by the looks of the chart, it has had some kind of run. After a cursory look, it seems the company has alot of shares outstanding but very thin float. So some of the run may be due to a short squeeze, the current analogy that comes to mind is AMZN which I couldn't consider as an investment. When stocks have this kind of run they should be putting up spectacular earnings otherwise I can't consider them for investment.

Regards,

Goolie
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