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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (772)9/9/2000 8:01:19 PM
From: zx  Respond to of 1226
 
OT
Rarebird,
if you get bored come and see if you have any opinion on some stock screen i have done.
Subject 36792
thanks,



To: Rarebird who wrote (772)9/10/2000 2:36:05 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 1226
 
Hi Rarebird,

>>How have you been?

I doing well. I finally get more of a chance to look at stocks again as opposed to just being chained to my desk at work. Ah, what one has to do to earn a buck. <g>

Thanks for the opinion on PUMA. I know about the tax loss selling on this stock.<g> I bought a small position on the sell down in March and it has not really done much but fall lower. I expected the Jubak factor to give it more support. Curious that he has not remove it from his recommended list given the changing in the competive environment.

It looks like CMTN supporters are split down the middle. I have fair value in the 70's, but that doesn't mean much these days in a era of momentum investing. I noticed one of the technical analysts guest on Yahoo Financial Network was expressing some frustration on CMTN too. So if the pros can't trade it with any luck, it might be while before this stock recovers as there will be limited Wall Street support even for a bounce.

There is definitely something wrong with this stock. You have to go back a year before you find any strong support in the 40's.

cnetinvestor.com

But, in the 6 month and shorter time frame everyone bought in the 60's and above. Given the shorter hold period for institutions as well as individual investors that means a lot of people are now under water.