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Technology Stocks : CMCI -- Ignore unavailable to you. Want to Upgrade?

To: Don Kelly who wrote (236)	1/1/1998 2:38:00 PM
From: Sandra	Respond to of 329

Don, Its not an option for some of us to get on the sidelines and watch. After reading the muei thread, I feel that this may have been done because of a possible buyout of that company, and the aquirung company already having their outsourcing contracted with someone else. Granted it is just a rumor, but it sounds likely to me. Going back to last weeks article in Barrons about contract manufacturing, and the huge growth in that sector, I feel that cmci will and can make up for the loss they will have with loosing muei. Granted the "trend is your friend", but "panic can be your friend too" its been my friend many times...... Sandra

To: Don Kelly who wrote (236)	1/1/1998 2:48:00 PM
From: Creditman	Read Replies (1) \| Respond to of 329

Don, I am basing my strategy with regard to CMCI based on my knowledge of current business conditions in the industry ..an industry I have "lived" in just about 24 hours a day for more than 20 years. I am not buying because CMCI is "cheap" but rather because I believe that there is a dearth of capacity and because bigger firms are buying up companies that have capacity ... like CMCI. From a technical standpoint you are correct. And I am not betting the farm here either. I had too much concentration in semiconductor stocks, needed to lighten up there and I have done well buying these overdone moves in my industry the past year. I mentioned it before and am sure not bragging but in March ELEX dropped from $25 to $9 in one day ... I got in with 10K shares at $10 and made $150K. I have also bought DIIG a couple of times on big drops and made good money there too but those declines were not as significant as ELEX or CMCI. I can afford to hold my new 6600 shares of CMCI for a long time if I need to but by the time earnings come out next I still believe we will be higher than Friday's close. The industry is booming and growing and more and more OEMs are outsourcing. That is the key.