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Technology Stocks : C-Cor Electronics-CCBL

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To: Ted The Technician who wrote (39)5/28/1999 11:00:00 PM
From: Jim Oravetz  Read Replies (1) of 235
 
Well, quite the stinker of a week for this stock. I do not own any but had tracked it a few years ago. Actually, was mildly surprised at the 30+ number (not too long ago). IMHO, there will be a continued slide down a few more points then a solid bottom. Looks like the recent purchases have not been received by whoever owns some shares and they are dumping. Then again, the volume was pretty small especially Friday. Not too familiar or had the time to due any DD, BUT... with the future projections of cable modem connections that are estimated, it seems that 18-24 months from now this stock will certainly be above the levels of today.

OT++
Ted, from you profile or more specifically your posted messages, you must be an electronic technician. No?

Jim
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