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Technology Stocks : Citation Computer (CITA) -- Ignore unavailable to you. Want to Upgrade?


To: marion salerni who wrote (760)1/23/1998 9:43:00 AM
From: Brad Rogers  Read Replies (4) | Respond to of 1256
 
keep reaching for the skies, fellas. This issue is in a precarious situation; its only hope is a buyout. You take that away and you really don't have anything resembling a sustainable growth story. I would have taken some profits in the 9 1/2 area.

I think there's a 50% chance of a takeover -- and then at the $11 at best. Given these odds, it is prudent for one to begin selling in the $9 range. Don't forget, if nothing is announced within 1 months, every jackass from here to Louisiasna will be heading for the hills; this thing will be back at 5-6 easily. trying to help here, fellas.



To: marion salerni who wrote (760)1/23/1998 9:46:00 AM
From: Stuolson  Read Replies (1) | Respond to of 1256
 
The analyst stated there is not much value over $10, not that the company was only worth $10. I still feel $12 is reachable, even though the company came in with another disappointing quarter.

I remember about three weeks before Cycare announced it was in discussion, an analyst from Smith Barney downgraded the stock to hold when it was at $27, and it later sold for $50.

I would like to see HBOC buy them as I think the price would be the most favorable. However, my gut says it will be either SMS or Siemens.