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Message Boards Settings Comtech Telecomm. Corp. (CMTL) - Quote Info
The New Normal     26-Oct-09 09:50 pm    
I enjoyed the little bit of speculation in the last thread about when y'all might see the new BFT contract. The sad but true truth is that in ain't gonna happen and the price action over the last several months is to be the new normal - if you're all lucky.

Wake up and smell your money burning. The smart money already knows this fact. Why else would CMTL be down twice as much as the market over the last couple years and double that again over the competition?

http://finance.yahoo.com/q/bc?s=CMTL&t=2...

Expect another big drop into the low $20's when the bad BFT news becomes official. To be fair, I think it will likely rebound to the high $20's or maybe even to current levels in the weeks after. But CMTL is definitely dead money long term from here. No company in this industry with a shrinking top line can expect to grow it's share price.

If y'all insist on sticking with this hound, my advice is to sell here and buy back a couple days after the formal BFT loss announcement for a quick rebound trade. As a long term investment though, CMTL is waaaaay past it's prime.
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ebbjay2

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The New Normal
ebbjay2 Not rated 26-Oct-09 09:50 pm  
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Comtech Telecommunications Corp. (CMTL)

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On Nov 25: 29.88 Down 0.29 (0.96%)
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