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Pastimes : John Dessauer's Investors World

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To: dave glissmeyer who wrote (1871)11/26/1998 1:53:00 AM
From: Robert New   of 2346
 
It certainly lQQks as though some major institutions are buying back into CD as todays 12 million shares traded on no news would suggest. J.D. was somewhat early on this recommendation and I do take his advice with a grain of salt. However CD has put some of their problems behind them and are taking some positive steps to boost the price of their shares. I personally held off on buying into CD until after it bottomed and started moving up. No I didnt catch the bottom but it looks like they are taking the necessary action at this point. I think 20 will easily be seen by the end of the year. J.D.'s recommendation on CD may yet bear fruit...

Good investing to all...

P.S. Ericsson has quietly been moving up the past week or two and IMHO now is the time to buy given that we are at the bottom of their product cycle re: their cell phones.
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