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


To: Douglas V. Fant who wrote (76)7/23/1999 4:04:00 PM
From: Roger L. Chuchen  Respond to of 135
 
Well, let's hope we're not missing anything. As I write, another 25K block went through. Apparently, institutions (or maybe insiders) continue to sell on no news.



To: Douglas V. Fant who wrote (76)7/23/1999 4:31:00 PM
From: Roger L. Chuchen  Read Replies (2) | Respond to of 135
 
I just checked the chart of CSGS and just found out that being a dog is nothing new to the company. Even though it has reported great results on a consistent basis over the past 3 years, it had hovered at around 20 for almost 2 years prior to the meteoric run-up just 10 months ago (when it got above 30 and proceeded to 40). Well, if history repeats itself, this one will be a VERY LOOOOOOOOOOOOOOOOOONG hold for everyone who recently purchased.

I guess we'll have to wait for the momentum players to rescue us (as they did to those who bought just 10 months ago). I just feel sorry for those who purhcased in the 40s.



To: Douglas V. Fant who wrote (76)7/25/1999 12:27:00 AM
From: Uri Miller  Respond to of 135
 
That would be Benjamin Graham (: