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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (116940)11/17/2000 6:26:16 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
CMRC.. NEW YORK (Reuters) - Shares of Commerce One Inc. (NasdaqNM:CMRC - news) down over 13 percent after the business-to-business software provider denied rumors that a memo to its sales force was an indication of weak sales.

November 14 Commerce One-CMRC reit strong buy after pos management meeting tgt 150 @FCAP
Recommendations

November 15 one day after that magnanimous target upgrade, CMRC was already short bait. We still like it essentially but was a 150 price target justified before a drop in price from 55 to 43? Maybe it will become a buy sometime but not now.

Message 14815951

by 9:09 we saw the continuing short story of CMRC.
Message 14830678
It was a short triggering Wednesday and continuing short through today, through an upgrade, etc. etc. The multiple however remained.