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


To: Mohan Marette who wrote (428)10/26/1998 10:54:00 AM
From: Ron Kline  Read Replies (2) | Respond to of 506
 
Good stock players the the ones who capitalize on events such as what happened with CBSI on Friday. We all knew that it was the wrong news release that was making the stock weak. The key is to find the stocks that really are not going down on fundamentals. Sometimes that's harder said than done, but I see it works over and over. With that said I do think CBSI is not as strong as some of my other stocks right now and I think it may continue until we get close to earnings. I'm willing to wait because I think the stock will come back in favor when people realize that this company continues to churn out good results. The management believes that all this downturn is from a lot of misinformed investors who haven't really looked at the facts and are quick to jump on the selling bandwagon. I admit I was one of them. But now that the market has come back fundamentals will again take over IMO.
Ron