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Technology Stocks : CGRM Centigram -- Ignore unavailable to you. Want to Upgrade?

To: David R who wrote (306)6/1/1999 2:01:00 PM
From: Jon Stept  Respond to of 333
 
Hi CGRM investors and traders. re: Intel buyout of Dialogic...

I see this as a confirmation that that Intel is going to attack the proprietary switch market and those companies that are using open standards will reap the rewards.

CGRM is positioned nicely to take advantage as the industry consolidates around open standards and IP.

Anybody else looking at CGRM and others in this light, or are is it still too early?

Just my opinion.

Jon :)



To: David R who wrote (306)6/1/1999 3:08:00 PM
From: Bargain Hunter  Read Replies (1) | Respond to of 333
 
I note that 1/2 half way through the trading day, CGRM has 0 volume. No buyers, no sellers. What a turkey!!

No volume, true. But the bid/ask are above recent trades. That means that people have stopped selling but no-one is yet ready to pay higher prices. We have also recently broken the 50 and 200 day moving averages. This stock is ripe to be manipulated (upwards) by day traders.


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