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Technology Stocks : CHRZ - What is the near term outlook?
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To: ET who wrote (312)5/20/1999 12:09:00 PM
From: tuck  Read Replies (1) of 443
 
ET,

It would be nice if CHRZ became grist for the rumor mill. I think any exposure would lead a certain percentage of those drawn into evaluating CHRZ to regard it as cheap. At the same time, I'd like to see that psychology set in for a while before a buyout actually occurred. I, like many longs here, have a cost basis considerably higher than the current price (mine being ~22), so if it were bought now, we might not break even. We'd like to see it blow out earnings, move higher, and then maybe get bought.

Whatever, the stock has been behaving well of late. It seems folks are indeed starting to see value in the IT business.

Cheers, Tuck
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