SI
SI
discoversearch

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.
Technology Stocks : CPCI - great earning , BARRON's suggest -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (395)10/23/1997 4:28:00 PM
From: Mr. Jens Tingleff  Respond to of 586
 
HI John - I see your point
Though it was kicked back to 14 due to the news on expected lower earnings. But the expected lower was not that low. And now we see a further down - without news.
CPCI down 1 3/4 -11% 207100 shares.
When I compare with another of my holdings.
KTTY down 1 1/4 -5.5% at 2100 shares and after good news.

I would think it has been a snowball effect on sales of cpci today.
Anyone able to see how the trading was spread over the day?

Br
Jens T.
BTW a terrible day my whole ptf was down 25USD -0.029..%.



To: John F Beule who wrote (395)10/23/1997 6:57:00 PM
From: White Shoes  Respond to of 586
 
Well something is wrong, the company warned of a bad quarter. I cannot know whether there is "more to it"...but if you examine the balance sheet, determine your comfort level, and feel that there is a margin of safety there, then that is the best you can do. Book value is $8 5/8 last I checked. Reason for larger drop than overall market could simply be that this is a very tight stock, thinly traded and can move a lot on very little volume. Now if the stock stayed down for a month I would say differently, I presume this will even itself out and it will be back to $15 before long.



To: John F Beule who wrote (395)10/24/1997 9:48:00 AM
From: csm  Read Replies (1) | Respond to of 586
 
John,

I think you're right. The volume is unusual and it doesn't bode well unless it's just a major holder unsatisfied with the way things are going. I guess we'll see in the next week or so.

Stuart.