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: John Ritter who wrote (659)	5/18/1999 3:20:00 PM
From: Rick	Respond to of 782

john - i am going to be anxious to take profit in the low 20's. however, if i wanted to be more aggressive, here's my thinking: 1) if we get continued strong movement up, and it looks like takeover is more likely driver than good numbers for the quarter, the $25 seems like a good target. 2) if the movement is based on good numbers for the quarter, i would be more anxious to take profits at $20. this is because i don't have a warm fuzzy about this management teams ability to be consistent. $30 seems like a stretch to me. remember, Simms sold shares at about $30, so this is the ceiling for a takeover in my book. He's a clever operator, and would not have sold shares at $30 if he believed the company could be easily sold for $30. One man's opinion. rick.