Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ginko who wrote (520)	3/19/1999 2:41:00 PM
From: still learning	Read Replies (1) \| Respond to of 782

I'm not sure how much credence I'd put in the Y2K slowdown. Obviously it's real, but it's also a convenient scapegoat. I see CATP as being in play as a potential acquisition candidate. I'd be careful about the growth estimates as they have lost some key personnel and that may be a big factor in not making their #s. In a services business, the margins can quickly come under pressure and fixed costs will kill you if you miss plan by a few million. I think from 11-12 there's not much risk, but it could still go lower. They will have to work 3-4 quarters to get confidence back up after this, so it's not a quick turn. There may be a quick bounce over the next 2-3 weeks to the mid teens (say 14-15)