Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (33021)	8/27/2000 10:15:22 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Welcome, MaoII. Perhaps you could tell us all a bit more about CITC? Many questions come to mind. . . like. . .Why exactly did it drop so sharply last week? And what is it about the company that makes you believe it is worth more today than it was last summer. . .when it was also down here in the low 20's. I like radio. . . the industry generally yields decent earnings, however CITC has no PE ratio. . . it isn't exactly high tech, yet it has a market cap of 881 million. Now I have barely given CITC a glance, yet it seems to me that perhaps those LA market concerns were a reason to short the stock. . . manipulated possibly. . .but what is there that could now cause investors to jump back in and cause the price to rise? The fact that last weeks reason to sell is false is just not enough, in my opinion. I appreciate your suggestion and look forward to your reply, Rande Is