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Dave,
They are on the acquisition warpath again (as usual), no technical signal
here that I can see.
I clipped this from Reuter's news on Telescan. This was also reported
in Investor's Business Daily. Don't know who BLN Services is, but CPWR has
been buying
software companies for years, lately turning more to regional consulting
companies.
The growth rate could just continue (40%).
Pete
"Reuters News
12/29/98 - COMPUWARE([CPWR].O) TARGETS $1-2 BLN SERVICES CO ACQUSITION
BEFORE "99 YEAR END
REUTERS Rtr 14:20 12-29-98 "
-----Original Message-----
From: pressdl <pressdl@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, January 01, 1999 3:40 PM
Subject: STK: CPWR
>I'm looking for some feedback on the price and volume on CPWR on Thursday.
>Volume was10 times normal with limited price move. Is this an "exhaustion"
>move?? Any comments from a technical basis??
>
>Dave
>
>
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