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Technology Stocks : Genesys Telecommunications (GCTI)

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To: Jay Nitschke who wrote (186)4/13/1999 3:53:00 PM
From: tuck  Read Replies (1) of 220
 
Jay,

You wrote:

"Every quarter the stock rises around the earnings announcement, as a few more people are convinced that this company is maintaining its high growth. Then the stock tanks for two months."

If the pattern is that consistent, this should be a great trading stock! I reckon it's a combo of what you surmise and sympathy movement with GEOC and Mosaix (sp? acquired by LU recently). Why do you think a couple of companies known chiefly for their networking hardware are buying CTI companies? It seems like Siebel or Clarify would find them a better strategic fit, since they seem to be in more closely related markets, but what do I know? At this rate, GCTI is going to be the only significant pure CTI play left.

I bought in at 12 1/2 and wrote April 12 1/2s, so I will be called out of this stock this Friday. But I like the company, and will be watching for the pullback you think may happen. Meanwhile, I am going to check the chart and see if it really does what you say. Thanks for the input, though; I've been lonely over here . . .

Cheers, Tuck
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