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Technology Stocks : CHRZ - What is the near term outlook?
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To: M. Carver who wrote (148)1/29/1999 8:33:00 AM
From: monu  Read Replies (2) of 443
 
Mark,

I also called ir when the stock went down 25% and ended up leaving a recorded message. I asked them to leave me a message assuring me nothing changed to which I am still awaiting a response. Someone on Yahoo mentioned that a fund sold a big block of over 300,000 yesterday at a lower bid of 18 and that this was very normal. The thing that struck me was why did the fund sell? And all I could think of was that high tech is where the money is and is going. Afterall, the whole thing is about returns and everyone thinks and expects to get a continued 20% or so on their mutual funds. If you're a mutual fund, the last few months have been very negative (dead money or a loss) if you're holding the likes of Chrz and Kea. Hopefully someday the market will snap back to reality. I don't know.

Joe
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