Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?

To: Patrese who wrote (381)	4/29/1998 11:15:00 PM
From: ilan saadia	Respond to of 1956

I am a day trader and did trade CMND today. FWIW, both Cowen and Volpe were selling ALL DAY LONG. They must have sold over a million shares today. The fact that Cowen did not budge from the ask today played a big role in where the stock closed. I cant believe that the firm who took this thing public would just turn on it and run it to the ground.

To: Patrese who wrote (381)	4/30/1998 12:18:00 AM
From: Maven1	Read Replies (3) \| Respond to of 1956

Fact??: Cowen and Volpe started selling BEFORE they issued their downgrade on CMND, based on their private post-CC conversations with the company. The stock opened down to the 5 area on massive selling. THEN the analyst downgrades came. If this IS a fact, then Cowen/Volpe clearly traded illegally on insider information. Can someone confirm the timing of the analysts' release? If the scenario holds, then the blame is not on the naive/inexperienced company officers, but on Cowen/Volpe. Zeke Seligsohn

To: Patrese who wrote (381)	4/30/1998 9:55:00 AM
From: Sam Citron	Respond to of 1956

"...the analysts seemed to have been counting on project proposals turning into contracts in the 2nd quarter and to date that has not taken place..." This is quite similar to what took place with PRTG last month (another recent IT outsourcing IPO). They preannounced disappointing EPS citing customer delays, analysis paralysis, and client denial and the stock price was chopped in half overnight. Surprisingly, there has been little or no mention of PRT Group on this thread, even though it seems to have a very similar business model to CMND and specifically targets mainly banks and insurance companies. Certainly the thin float on these stocks adds to the volatility. Patricia, it sounds like you follow this industry rather closely. Do you have any thoughts on PRTG? Feel free to send a private message or respond on PRTG thread if you feel it more appropriate. SC