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

To: cdtejuan who wrote (775)	9/10/2000 11:24:26 AM
From: Rarebird	Read Replies (1) \| Respond to of 1226

At Friday's close of around $50, CMTN's P/E ratio is less than its growth rate, meaning that the risk/reward balance for this stock is now very favourable from a fundamental perspective. The Chartists will not buy this stock because there is no technical confirmation that a bottom is in place. The fundamentals are compelling, however.

To: cdtejuan who wrote (775)	9/10/2000 11:44:06 AM
From: Mike E.	Respond to of 1226

i hope we might have seen or will see the capitulation & reversal point next week. Hi Juan. I hope the heavy volume on Friday's sell off was some sort of capitulation or I'm afraid we're destined to fall well into the $40's and possibly even fill a gap left wwaaaaaaayyyy back in Dec. 99 at 40 1/8. <!?!!> I too "bottom fished" on Friday and added at 51 1/8. However, I'm nervous as hell about it and if I see a close under the last bit of open/close support at 50 1/4, then I'm going to stop out of those shares. This has become a seriously damaged chart and I am beginning to think something is seriously wrong with CMTN. If it doesn't turn around here and keeps falling next week - look for the bad news releases next. All JMHO. Mike