CATP-The stock is taking off Message Board

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Technology Stocks : CATP-The stock is taking off

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To: HVN who wrote (612)	4/2/1999 1:29:00 PM
From: still learning	Read Replies (3) of 782

Fact of the matter is, though I respect Rick's opinion and his accuracy in calling this one, he set up a straw man based on A. Sims is a crook, B. Key people are or will be leaving. (starting about 6-8 months back) C. This house of cards is built on acquisitions and can't continue its growth. If he's wrong about the stock and they still deliver the #s, then Rick would say Sims is still a crook, Key people will still eventually leave, and they just got lucky in delivering the #s. CTP should be doing well -- it's primary biz is in ERP and CRM, two hot markets. The fact they're not is very troubling. Is it because of execution within CTP, it it because ERP is slowing? These are much more central issues than what I think of Sims. What he did at Concurrent has no bearing on CTP. Fact is (as someone else posted) he took them from $0 to $600 mm, so it wasn't all a house of cards. FWIW I said they'd get back to $15. There had been a rumour or a buyout when they were at $28 but that deal fell thru, I heard. I don't think they get any further than the high teens in the next 3-5 months.

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