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


To: SOROS who wrote (2959)4/29/1998 1:07:00 AM
From: TEDennis  Respond to of 3391
 
SOROS *** Off topic ***

Re: COGIF. Well, thanks for the suggestion. I've been watching COGIF for a while, but haven't dipped my toes in the water.

I'm a little leery of its P/E ... 120.00? And, it's trading about 4 dollars under its peak of almost 23. It must have been outrageous at 23. The good news is that 18 is a nice support point. Charts don't lie.

I read somewhere else on SI that there will be a 400% increase in revenues. If that's true, then maybe you're right. This will go ballistic.

The volume has been relatively low. According to the Master, volume precedes price. Is the converse also true? No volume, no price appreciation?

I hope this little piggy sprouts wings for you. I'll sleep on it. It might be worth a gamble for a few thousand shares.

Regards,

TED