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

To: Rick who wrote (615)	4/6/1999 11:32:00 AM
From: still learning	Read Replies (1) \| Respond to of 782

Rick, fair enough. WRT "Is it a Buy?" I said earlir, I'd buy around 11 and sell around 15. There may be a takeover on the horizon and there may be a recovery on the horizon, but those are both events that may take some time to pan out. I agree with your thoughts about CTP having gone thru so much growth that sustaining it was going to be tough. I disagree with your conclusions about Sims -- hot that I'm a supporter, I just think he's now going thru his first real test. Let's see how he does given the current set of challenges. Judging him on how he does today at CRP is far more impt than how he did at Concurrent. (The "been there done that" school of CEOs is sometimes overstated. Yes, mgmt team is impt. But people who point to Concurrent and say "that proves Simes is a crook" are making the same mistake as those who say a one-shot internet CEO is a great CEO -- they are both relying on scant evidence that may or may not be relevant to the current situation.) Clearly CATP has painted itself into a tough corner. Let's see how good a job Sims does getting out.