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Technology Stocks : CDCO - CidCo Incorporated -- Ignore unavailable to you. Want to Upgrade?

To: froche who wrote (167)	12/5/1998 4:30:00 PM
From: Chance J. Curtiss	Respond to of 204

According to CDCO's written statements it expects to attain break-even by end of December, then expects further growth through first quarter. I've heard of targets in the "6's" during this time. I agree good to hold, may take some time. Good luck.

To: froche who wrote (167)	12/6/1998 1:01:00 PM
From: Tom Allinder	Read Replies (1) \| Respond to of 204

I use 9 day ma for short term moves. CDCO doing well with the 9 day. I knew it would open higher Friday and then sell off. Not everyone who is in the stock is on SI. Technically, I will add again if it tests 9 day successfully. 9 day is currently around 2 3/4 which is where it bounced (after all the short term traders dumped shortly after the open on Friday). That kind of action used to "scare" me out of my positions. Not anymore. I don't use stops on NASDAQ stocks until I am way ahead, and then the stops are below traditional technical support levels. The MMs know exactly where the stops are and take them out to resupply their inventory cheaply. Look at IFCI and APSG over the last year. Others I know get stopped out of these and lose money all the time. It takes the "nerve" to hold on during the plunge. Once I developed the "nerve", I have made a lot of money in the market. I don't think I will be out of CDCO anytime soon. In addition, I think the stock may get more attention when it (if) gets above 6. That is my best guess for the price being above a RISING 30 wk ma. Tom