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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?


To: David Harker who wrote (648)6/24/1999 3:29:00 PM
From: OverSold  Read Replies (2) | Respond to of 2347
 
CNBC........ I can't believe it. The only time we are announced on CNBC it's extremely negative. Why don't they mention the others who did not make Certification. Bummer!



To: David Harker who wrote (648)6/24/1999 3:40:00 PM
From: David Harker  Read Replies (1) | Respond to of 2347
 
Here's another press release, url & nice quote from it:

dailynews.yahoo.com

"'The market was expecting Com21 would get certification and they didn't,' said Joel Achramowicz, an analyst at Preferred Capital Market Inc. in San Francisco. 'But the company is executing and building strong relationships and we continue to rate the stock a strong buy.'

Cable modems are an increasingly popular way of connecting to the Internet at blazing speeds, along with new copper phone wire technology called DSL used by phone companies.

Com21 makes cable modems and cable modem equipment, and also develops technology for virtual private networks for transmitting voice over cable.

Achramowicz has a 12-month target of $50 for Com21.

He called Thursday's plunge ''overdone,'' adding that the stock is now ''a great buying opportunity for longer-term investors.'"