Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?

To: BC who wrote (644)	9/29/1999 4:32:00 PM
From: Lance Bredvold	Read Replies (1) \| Respond to of 750

CMNT is oversold, yes. Or in my parlance, I consider the probability of it going up in the next year higher than the probability of its going down. So I bought a little more today. Since I can find no news which would account for today's sudden drop and since I believe many investors are scared, it seems to me that chances are reasonably good that the mo-mo's have driven this down lower than is reasonable. Even 10 cent earnings and $40mm sales would be enough to justify the current price. L.