Command Systems, Inc. (CMND) Message Board

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Technology Stocks : Command Systems, Inc. (CMND)

CMND 0.684

-7.7%

Nov 7 9:30 AM EST

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To: Kal who wrote (1546)	10/23/1998 2:55:00 PM
From: P. Ramamoorthy	Read Replies (1) of 1956

Nanda - I agree with your observation on volume surge. 82500 as of now! Almost three times the average volume. When the volume exceeds three times the daily average volume, we all know what happens next. Price move. Up or down? It has to be an up move. Why? Cowen sent a dumb analyst two qtrs ago, who could not read the IPO papers and was surprised to hear the 2 cent pay out on the preferred stock two qtrs ago. Even dumber it was, when these analysts were shocked to hear CMND entering the project based business model and shifting from y2k. Even a layman from the street knows that y2k is short-term and they need to move to business beyond year 2000. Cowen withdrew their recommendation immediately after the conference call. Remember? They want to show how much damage they can do to this stock. At that time, CMND's US labor pool was under-utilized and their off-shore labor was under-utilized. With recent hiring, the US labor pool is growing and their project based model must be working. I would not be surprised if Cowen's clients are quietly buying back at this price level. May be they see an opportunity for a quick profit on good earnings news. This stock attracts the right people - those in the financial sector - in New York, Boston, Connecticut. Common public may not know about the stock. It is also a good little company for someone to buy. CMND is just like another contract employment agency of skilled programmers with minimum capital risk, in a world where the trend (for big companies) is to outsource all their computer maintenance systems. They may not be as big as IBM or EDS in the outsourcing field. They do have a niche. Let us see when our huge paper loss in 1998 will turn into a huge capital gain in 1999. Ram

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