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Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?

To: Roger Schelling who wrote (542)	2/1/1999 8:10:00 PM
From: StockRanger	Read Replies (1) \| Respond to of 750

Be patient and do the math! I enjoy reading posts that think the world is falling because CMNT's price has gone down. Welcome to the stock market. The last week is an excellent example of buy and hold, and reinforce your position in dips. I am very long on CMNT...here's only one reason why. Th estimated earnings growth is around 75% with estimates ranging from $0.41 - $0.51 for CY1999. Using a industry/sector average PE of 50 this puts a price tag on the stock of $20-$25. Remember when AOL dropped 65% when they had problems with busy signals. Those that sold missed out on at least another 10 bagger. As is always true in the market.....patience makes money. StockRanger

To: Roger Schelling who wrote (542)	2/2/1999 10:24:00 AM
From: Roger Schelling	Read Replies (1) \| Respond to of 750

Margin Maintenance..It seems that the brokerage houses wait until 1 1/2 to 1 hour before market close to give people a chance to send in money or sell equities to cover the increased Margin Maintenance requirements. So the last couple of hours before market close can be very weak and good time to buy as they dump market orders out there to get those accounts in line. Yesterday we dipped to 10.25 during that period. When this stops, maybe we can figure this transformation is ending. Roger