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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: chalu2 who wrote (111)11/28/1998 3:16:00 PM
From: Michael Berkel   of 1530
 
Your take on CD is spot-on! CD will fly as soon as the Street finds out how much revenue CD is generating from Internet sales.
As you have seen last week, CD is slowly but steadily going up, now that Investors beginning to realize that this money spinner is highly undervalued.
The company has greatly suffered from its deal with CUC but is currently on its way up because:
1) The company is back on track
2) The company will benefit from its red hot Internet assets, either
as source of revenue or by spinning them off.
3) The company is still valued on the basis of its sucker image, when it had to disclose the CUC disaster and it fell from the mid fifties to the single digits.
The moral of the story: it always takes a long time before a company
regains investors' faith, once it has been punished so severely.
But you don't need to have too much patience here anymore to see this puppy start taking off.
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