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Technology Stocks : CommTouch (CTCH) : a futur Media Metrix Top 10 ? -- Ignore unavailable to you. Want to Upgrade?


To: Robert Rose who wrote (113)9/12/1999 1:33:00 AM
From: yzfool  Read Replies (1) | Respond to of 420
 
Hi Robert,

My concern with this stock has been volume, until know. The spike to 17 in late August occurred on decreasing volume, and subsequently declined with no volume. Currently, there is increasing volume associated with a gradual ascent in share price.http://www.siliconinvestor.com/research/chart.gsp?period=120&time=60m&chart=bar&chart1=lr&i0=1&i1=3&i2=6&i3=4&scale=linear&s=CTCH There has also been institutional interest. All this on no news. This is an ideal entry point and still priced at below IPO offering. Speculation: Since Wall Street buys on rumor and sells on news, share price should continue ascent pre-CPI numbers, and then either continue upward on good numbers, or sell off on bad ones. Post CPI, may provide an even better entry point whether numbers are good or bad. Bad numbers providing a dip; good ones establishing upward direction, though a premium will be paid per share compared to current prices. Good Luck!