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Technology Stocks : CBSI-complete bus. solutions. new y2k play! -- Ignore unavailable to you. Want to Upgrade?


To: Craig Rogers who wrote (299)4/16/1998 2:59:00 PM
From: TEDennis  Respond to of 506
 
Down IS somewhere ...

Thanks for the setup for post #300.

TED



To: Craig Rogers who wrote (299)4/16/1998 5:00:00 PM
From: Jeffrey E. Klein  Read Replies (1) | Respond to of 506
 
It's probably short term weakness in the stock. Don't forget the stock split recently and it's pre-split price is still 70+. My feeling is the market got the jitters with CBSL when the Claremont purchase was announced. On the 15th of this month, CBSL got a y2k contract but the stock price only got a small bounce. Claremont purchase should provide benefits down the road. Also I have not heard any negative news.

We may want to look at the current weakness as a buying opportunity. However, I am not sure what a good entry point would be. Any TA's out there have any ideas?