To: hsg who wrote (3300 ) 2/16/2000 7:00:00 PM From: hsg Read Replies (1) | Respond to of 3721
Previous | Next > [ First | Last | Msg List ] Reply Too little reward for too much patience by: Jjoseph_a (38/M/Toronto, Canada) 2/16/00 6:21 pm Msg: 725 of 726 HSG, you have been holding CMIV far longer than I have. I fear that even if CMIV quadrupled overnight, it would still be too little reward for the long wait you endured. Nice close today, $4.50 U.S. Even better, the volume is looking tremendous. In the long run, sustained volume of trades is what's going to bring CMIV to its true value. I remember the bad old days ( was it only last year ? ) when on the occasional day, there would be no trades at all. My opinion is that the big companies on the New York and NASDAQ exchanges are no longer rising in price. There are some spectacular up days but they seem to balance out with down days. Perversely, this is excellent for CMIV because as long as the big guns were making gains ( as in the last 3 months of 1999 when NASDAQ rose eighty percent ) no one wants to invest in CMIV. Its just too small and who cares about a tiny, less than 100 million revenue company when the huge multibillion dollar companies are skyrocketing. But now its possible the pendulum is swinging back to the little companies. I read that the Dow Jones is looking at the worst start this year since 1920. So the investors, greedy from the steady profits over the past five years, are looking at small companies like CMIV to keep the profits coming in. What would really be nice would be for CMIV to land some blockbuster deal. I wish one of those internet upstarts that keep buying each other out and merging would figure that they need CMIV technology, and make us a buyout offer. Posted as a reply to: Msg 718 by hsgisme View Replies to this Message Go to Msg #: < Previous | Next > [ First | Last | Msg List ] Reply