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

To: WTSherman who wrote (2251)	8/3/2000 10:36:47 AM
From: rod runyan	Read Replies (1) \| Respond to of 2347

WT, I agree with your perception that the market climate has changed. My point is that for CMTO the story has not changed. Companies that are able to execute their plan will provide investors with significant returns. CMTO has continued to ramp up sales while investing in R&D. They have hit or exceeded revenue and eps estimates the last few quarters. For me the question is whether to ignore the current sentiment in the market (always perilous) in favor of a longer term view and begin to place small bets on companies that appear to be beaten down. I am not that good at picking bottoms and so i will try to buy a little here and continue to add on any further weakness. Technically it looks to me as if we have significant support in the low teens from last summer. Should an October slump take us to single digits (unlikely imho) i will add a bunch. I very much appreciate the dialogue. Last month i thought we were ready to go to the 50' or 60's but i bought puts before earnings just in case. It seems to me to be a good year to think contrarian. Buying around here would seem to fit with that point of view. Sure wish i had a functional crystal ball. rod