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Technology Stocks : Cognitronics (AMEX: CGN) -- Ignore unavailable to you. Want to Upgrade?

To: Sparticus who wrote (119)	7/16/1998 6:15:00 PM
From: waxman	Read Replies (1) \| Respond to of 142

I'm trying to revive some interest in this stock on this thread. Maybe no one even checks anymore to see if there are any new posts or not. Anyway, we fell today down near (at) the 52-week low of ~ $12.5. I know of no info from the company since Q1 results came out and the latest Individual Investor update estimates they will do between 30 and 40 cents in Q2. If that is the case and there is no forward-looking bad news released with earnings, then how can this stock not move upwards? We're at a forward PE of ~ 9 at this level, with year-over year growth of ~ 30%. I'd like to say its a screaming buy, but until news is released and a bottom has been established technically, I'll be on the sidelines...watching.