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Technology Stocks : CABLE DESIGN TECHNOLOGIES (CDT) -- Ignore unavailable to you. Want to Upgrade?


To: Henry D who wrote (92)8/31/2000 5:26:42 PM
From: Bosco  Read Replies (1) | Respond to of 107
 
Hi Henry - you don't care what I wrote in the post in which you were responding, do you :)? Ok, no problem, I will try again. CDT is being classified as "Wires & Cables". IMHO, WS is missing the business shift. Granted, W&C are still the cash cow, but, IMHO, CDT is getting into the higher growth and higher margin biz of FO.

I ve no answer to your volume question. There are 43MM outstanding and 24MM float [a la Yahoo!, I think it accounts for the 3-for-2] Maybe this is the best kept secret. As a LT investor, why let the momo crowd ruin a perfect great stock. Look at the 1 yr chart and you will know what I mean. Besides, according to Yahoo! there are only 4 analysts following this stock. With 1.2B capitalization, it is still a small cap stock, but so long as it brings home the bacon, I am perfectly happy to see it takes a 2-step-forward-1-step-back.

Just my 2c, but hope it helps

best, Bosco