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Technology Stocks : CSG Systems (CSGS) Billing Support Software -- Ignore unavailable to you. Want to Upgrade?


To: JGreg who wrote (70)7/23/1999 11:00:00 AM
From: double-plus-good  Respond to of 135
 
My guess is that a combination of short-selling and a bad chart are combining to send CSGS down. On the surface, it makes no sense. Gateway beats by a penny and is up 10%. Their business is slowing down and margins are collapsing. CSGS business opps. are multiplying and their margins are up. What gives?

The only potential negative in the earnings report was ai increase in unbilled receivables, which may be encouraging the shorts. I haven't been able to listen to the conf. replay on v-call. Will try again today.

Anyone want to hazard a guess about where the bottom is near-term.

++good

p.s. check out good news on IINT -- stock is doing what its supposed to --- GO UP.



To: JGreg who wrote (70)7/23/1999 11:50:00 AM
From: Douglas V. Fant  Read Replies (1) | Respond to of 135
 
JGreg, I am holding CSGS. I did sell an Aug 30 call option on my shares just to reduce the basis in the stock. I wonder if the price drops low enough and CSAGS pays down enough debt, that CSGS will come along with a share buyback program....

My new shares buy orders are set at 25 7/8th's see if it dips there....