CBTSY Message Board - Msg: 5861455

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Technology Stocks : CBTSY

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To: 1-DAY-TRADER who wrote (54)	9/28/1998 5:02:00 PM
From: NASDBULL	of 454

I think CBSTY will open anywhere from $1-$3 higher. Longer term it is hard to say where it will trade. I would think between $16 and $25 over the next couple of months. Fundamentals look good, but stock was pretty expensive three weeks ago and even at the current price it sells for about 4x book. Expectations for the next quarter aren't clear quite yet. They didn't capture a $5-6 million dollar order that probably would have equated to about .02/share in earnings, which will be announced on October 15. I believe this is an oversold situation and stock will gap up in the morning. however, I would imagine there are several margin calls out there. Today was quite awful. I think it wouldn't have been so bad if news had been released before open. The halting of the stock caused a lot of panic. Stock opened and people sold. A lot of large sellers. Tomorrow will be up! NASDBULL

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