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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (8549)9/8/1998 9:45:00 PM
From: j g cordes  Read Replies (1) | Respond to of 29382
 
CCMC.. I'm guessing up as well, although its hard to say who's putting nails into this one. The volume looks greater than the content of the warning. Expecting a pop tomorrow, then some retrace back down if the shorts are in control... if not then the company has a large cash hoard to settle long term investor worries with some buy back.



To: Sergio H who wrote (8549)9/8/1998 10:15:00 PM
From: JoeinIowa  Read Replies (1) | Respond to of 29382
 
Amigo Sergio, CCMC

Having recently been toasted in the health care sector I would be very weary of this stock. They have $327M in debt and $121M in cash. Their sales and earnings are headed in the wrong direction. If you want to see how low these health care stocks can go look at PPH, MAXI, CMP and HUM. This stock will bounce on short covering but then will probably head lower. Not worth the chance. In this market buying quality stocks is the only way to survive. These guys will probably be having some upset shareholders suing them shortly. That won't help the stock price at all.

Joseintuvalu