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Technology Stocks : CATP-The stock is taking off -- Ignore unavailable to you. Want to Upgrade?


To: Ed Flynn who wrote (492)3/8/1999 4:00:00 PM
From: j.d.robbins  Respond to of 782
 
Hi Ed, Yes the options where last down turn. The street is waiting to see what the co. is going to do over next couple of quarters. Like all favorite stocks that fall out of favor I am still long with small shares j.d.



To: Ed Flynn who wrote (492)3/9/1999 8:40:00 PM
From: Len  Respond to of 782
 
Sold mine yesterday-- just so I could guarantee a price pop today.

Actually, CATP appears to be a good company and stock should grow. I may get back in when it shows some direction. In the meantime got to make hay while the sun shines.

Len



To: Ed Flynn who wrote (492)3/9/1999 10:35:00 PM
From: rhet0ric  Read Replies (1) | Respond to of 782
 
There must be something more than just selling of option related employee stock here. I don't know if I should average down now or hold out a bit longer.

My guess is that the bonus selling started it, and then it shook out the weak holders, many of whom made money in the climb from the teens to the thirties.

The reality is that this stock turned in good numbers last Q and got upgraded twice.

I see this as a buying opportunity, and have tripled my position.

rhet0ric