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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Carl who wrote (670)1/25/1999 10:43:00 PM
From: Stock Watcher  Read Replies (2) | Respond to of 52051
 
Carl; on CTKT; great run-up right after Thanksgiving; alot of people made some quick money on the following Monday. This stock has been amazingly resilient; it was deflated down to 2.75 in Dec. and has clawed its way back to $5 - 5.50.

The chart could indicate a "double top", but, we don't think so. This stock has shown it's amazing strength by coming back to Nov. levels and volume has been healthy. They offer something most commercial we-sites need: state-of-the-art e-commerce products.

Our feeling is that you won't see real earnings from CNKT for at least the next two quarters, but, as a long term play; you may have a real winner and a potential industry leader.....regards....sw