CompuServe Messages

#CBU Stock

    01-Jun-90 10:39:04
Sb: #107208-#CBU Stock
Fm: Cheryl Peterson 70007,3242
To: Kevin Hisel 72060,700
It may well be that a few of those who have lost money on Apple, Adobe, IBM and other high tech stocks are moving their money to a new venue. The high techs have taken some big hits over the last two weeks, in the case of Adobe they lost more money per share in one day than a share of C= costs in total. So it may be that a few of those who've lost on the other computer stocks are looking for a less volatile issue. And with C='s low price by comparison, some of these folks may have decided to throw a few thousand that way just on the off chance that C= starts making some gains, while the others are trying to rebound from their losses. That combined with the recent articles on government sales could turn a few heads. I wouldn't sell anything to buy C= stock, but if I had some extra bucks stashed away, I'd take a few hundred shares.