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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: tech who wrote (1730)12/24/1997 9:28:00 PM
From: Bernie Bildman  Read Replies (1) | Respond to of 3391
 
How do we know that just because you SAY you do something here online (like "putting my MONEY where my mouth is", or a statement that you bought or sold or WILL buy or sell shares), that it is IN FACT something you did in the real world??

Maybe it should read "putting my MOUTH where my money is"!

It's all just words, as per Shawn Murphy. Deja vu.



To: tech who wrote (1730)12/25/1997 12:58:00 PM
From: feltburner  Read Replies (3) | Respond to of 3391
 
Re: stock performance being the "whole issue", it certainly is for nimble traders, but short-term movements are not necessarily meaningful to long-term investors.
Kevin's saying the stock will go to $3 and your prediction it will double are not mutually exclusive. One need only look at Zitel, Comparator, Bre-X or countless others to see that lousy companies can make millionaires out of investors, before wiping out the majority of them on the way back down. CSGI could indeed double on news, then collapse if it becomes apparent they will never be more than a $5-$15mm rev. company.
Based on everything to date, Kevin is right in his opinion that the stock (and company) is a dog. They have a $65mm mkt. cap. and contracts (or contract) in hand worth less than $1mm in revenue. If they announce a stream of contracts as you are implying, the stock will surely run and you will definitely make a lot of money. If they then execute well on those contracts and continue to land new clients, then the majority of investors will make good money, too.
Happy Holiday and a prosperous New Year to all on the thread,
-Felt Burner