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Technology Stocks : C-Cor Electronics-CCBL -- Ignore unavailable to you. Want to Upgrade?


To: Sam Raven who wrote (110)1/18/2000 7:44:00 AM
From: Jim Oravetz  Read Replies (1) | Respond to of 235
 
I guess that some stocks just get lots of discussion, while others do not. However, this stock has really just started its assent in Sept '99. While the PR about Salt Lake City and the ATT connection has been public knowledge for some time, CCBL has not been a "long" term (2-3 yr) winner (yet). They expanded their hardware production capacity, went into debt, then pulled the plug and let people go when business retracted somewhat. The company has kind of morphed into a quasi-internet player by purchasing the other companies. I had followed it awhile ago, then lost interest. I recently checked back, right about the nadir of the price. Too bad I didn't have available funds to plunk down then. Its rise has kind of been beyond anything that I would have projected. It also has some additional stock dilution waiting in the wings - beyond the secondary.

FWIW. I also own ADI. That is a much more "known" stock and again, there seems to be little SI discussion.

Jim



To: Sam Raven who wrote (110)1/18/2000 1:16:00 PM
From: Scott Sorochak  Respond to of 235
 
Agreed...I really like as a quick play, the Jan 35 calls for 15/16...if they exceed the number, this thing could be up 5-9 points by Friday and I like that percentage return...if not, I'm only out 2-3k...I'm already long a ton but I really think the numbers are coming in on the high side...Scott