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Technology Stocks : COM21 (CMTO)

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To: pat mudge who wrote (484)6/4/1999 11:18:00 AM
From: lml  Read Replies (2) of 2347
 
To say the least, this stock has not recently acted in a manner most here would expect or relish.

The fact that the company is listed among SV's fastest is unfortunately irrelevant. I recall a sibling of my (now a stock analyst) bought a company called Netmanage that subsequently made it to this hallowed list only to follow a pricing trend from the mid-teens to 2-3, never to be seen again. So much for the list.

Republishing a Street.com article from May 21 is also irrelevant to the discussion today since that piece is 2 weeks stale.

What I sense here is an attempt at rationalizing what is going on with this stock. The TERN smoke-blowing is a good stab. But if true, why does TERN have that much influence over the market. Or is the source of the problem emanating from the market's influence over CMTO?

FWIW, if in-fact the fortunes of CMTO is all that one can hope for, then one hypothesis I have arrived at, & admittedly a speculative one, is that certain market forces are driving down the price of CMTO precedent to a buyout offer. I must conclude that if in-fact CMTO's fortunes are as bullish as we here, then at these levels it is an attractive buyout candidate.

JMO.
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