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

To: Aaron Cooperband who wrote (457)	1/8/1998 5:07:00 PM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 586

Right Aaron - On the other hand I have to eat my words (expecting lower than 10) back - Looks as if market expected worse news. So I have to say that I am getting comfortable with it again. The movement upwards will very much depend on how the company strategy on the buyback will be. So my advise to all those investors here on CPCI that at all wants to sell is: First of all do not sell at market price - put limit above the ask on it - Do not sell all in one sale if you hold sufficient qty (thinking of cost of sale) then divide into portions - If you have the means (on-line trading) then do not let the limit hang out there follow the price closely and move your limit upwards when the ask gets close. Doing like this your single sales will always be the new bid price - As the sale will be due to a purchase action from someone buying at marketprice - and not MM's filling their stock. Now someone would say that the MMs would just short it - That will not be just that easy - They have to report it - Several days short will be big troubble for them - As it would be illegal. Others would say that it would never be sold - For those I can only ask is it worth trying it out ?? - IMO this strategy can give several% a day. Kr Jens T

To: Aaron Cooperband who wrote (457)	1/10/1998 9:49:00 PM
From: csm	Read Replies (1) \| Respond to of 586

Aaron, Yes, it does appear that the buyback is significant enough to show confidence. I guess my thinking is that the company does not appear to have an acquisition in its near future and does appear to have its hands full managing CPCI at the moment, so why not buy back more of the shares and let the improved earnings replenish cash while they're looking for something to buy. On the other hand, they did say they were going to bring in a new executive to allow them to put more attention on an acquisition, so I guess they don't want to spend all the money. They'd have nothing for the new guy to do. I just received the annual report. Haven't looked at it too closely yet. Appears to be full of testimony about CPCI's reputation and reliabilty. Style is a little more "cartoony" than last years which was classy.Has anyone had a chance to read it carefully? Stuart.

To: Aaron Cooperband who wrote (457)	1/12/1998 7:29:00 AM
From: Neil S	Read Replies (1) \| Respond to of 586

Analyst Comments: Ciprico Avoids a Slip Here is a link to an article regarding recent CPCI news. amcity.com Ciprico Inc. has defused a potential bomb. The Plymouth-based disk array maker announced Jan. 5 that it would miss analysts' estimates for the second quarter in a row. Ciprico's stock took the near compulsory dip -- to $10.38 from $11.50 -- but recovered quickly and ended at $11.50 a day later. "I've never seen a stock react so nicely to such a significant preannounced earnings shortfall," said Kinnard analyst Clint Morrison. That reaction stems from a couple of factors. For starters, the shortfall wasn't entirely unexpected; Ciprico advised analysts that the mix of orders was different than expected. Morrison even dropped his estimates several weeks ago. Secondly, Ciprico expects lower earnings and revenue, but it also expects record orders, which means a nice backlog heading into the second quarter of this year. Ciprico has always lived hand to mouth, so a backlog is a good thing, Morrison said. The backlog also clearly indicates that the problem Ciprico had in the fourth quarter of 1997, an order shortfall, has gone away. "Clearly the momentum has turned. The orders are back." The third factor is a stock buy-back program announced in conjunction with the admission of an upcoming shortfall. For essentially the same reasons, Mark Bystrom, an analyst with Minneapolis-based R.J. Steichen & Co., raised Ciprico to a buy from an accumulate. Not bad for a company that announced bad news. "The reasons for missing the quarter this time are much better than they were last time," Bystrom said. Despite those positive signs, Ciprico still isn't going to make as much money as expected. Morrison, for example, dropped his earnings estimate to 10 cents a share on $7.5 million in revenue. Ciprico has advised analysts that earnings could range from 8 cents to 13 cents a share on $7.2 million to $7.7 million in revenue.