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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?


To: DBrian who wrote (1956)3/16/2000 1:38:00 AM
From: Kerry Lee  Read Replies (2) | Respond to of 2347
 
Perhaps you missed my phrase " good day to accumulate". This implies buying for the medium-long term ( as opposed to day/position trade ) as well as Not backing up the truck to fill out entire position in 1 day. CMTO at 56.625 is trading at 33% below 52 week high ( on sale ) and the downside from here over the next 3-6 months is tolerable in light of rapidly improving fundamentals. Hot sector ( broadband internet access ), great story ( cable internet, cable telephony and wireless potential ), sales ramping 100%+ year over year, $120 Million+ revenue run-rate and only 21-22 million shares outstanding make the current $1.2 billion market cap a relative bargain on the Naz. Bottom line is CMTO is a value play in a hot sector that is just getting started.