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Technology Stocks : CIRC -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (273)11/29/1999 11:48:00 AM
From: RADAR )))  Read Replies (2) | Respond to of 300
 
SJS:

I am standing aside and watching the price until I see a confirmed bottom. At this stage, I believe there is too much risk to the downside... absent any phenomenal news release from the company. I don't like the possability of a secondary offering or the action of MLCO. Though the price in the 12's seems cheap compared to the potential and the growth quarter to quarter, we are in the tax loss selling season and investors are not happy with the parent company's stock price performance over the last year.

Waiting for a confirmed bottom... even though I might miss a few points. If there is a run up in price, it won't happen in one day. Too many investors that would be happy just to get their money back and will bail out as the price starts to escalate.

As for Kensey, we all have our emotions. So far the price is below where he bailed out. If he sees a bottom and a reason to get back in, he will.

My opinion only.

RADAR

RADAR