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


To: HVN who wrote (610)4/1/1999 10:57:00 PM
From: Dr. Id  Read Replies (1) | Respond to of 782
 
That's a VERY optimistic outlook for a poorly managed company. My experience is that management is key, and this one seems to keep bungling things. I agree with the poster that earlier said that this company's future rides on whether they get a management change at the top. I've invested in well-managed companies (CSCO, INTC, AOL) and poorly managed ones waiting for a turnaround (CS, AAPL). AAPL finally seems to have found good management, and even with 4 consecutive good quarters is still not trusted by the street. It takes A LONG TIME to turn perceptions once they've soured. THats why I sold my CATP earlier in the week. May have been a mistake, but I just think that there are better places to put my money where it's not dependent on a "possible" turnaround.

JB