Wallstreet Question

[Homer]

About stock: CHRZ (Computer Horizon)

Please let me know what you think.

Thanks,

Homer :D

[wallstreet]

Homer,

What were you thinking of doing with this one? Give me an idea what you need and I can go into tons of detail.

Here is what I see..

Outside two small occurances, this stock has been in a 1 buck trading range for the last two years:

http://finance.yahoo.com/q/bc?s=CHRZ...=on&z=m&q=l&c=

When I find a stock like this, I would range trade it..so buy when the chart tells you to, sell when it tells you to. For now it is stuck between 3.50 and 4.50, and it takes a while for the stock to moves..

Check these links out:
Key Stats- http://finance.yahoo.com/q/ks?s=CHRZ

Income Stmt (doesnt look great)- http://finance.yahoo.com/q/is?s=CHRZ

Balance Sheet- http://finance.yahoo.com/q/bs?s=CHRZ

Based on the balance sheet, they arent going to ZERO or anything, but revenues are decreasing, no profit growth, I would range trade this stock.

Good to see you in here!

Oh and on my own acct, I sold all my HLIT and MRVC..booking profits, building cash balances...

[Homer]

Why I'm asking is:

I have 4000 Shares that I got back in may 2003 when the stock went down to 2.60 a share. My plan has been since I got it to hit 5.00 dollars a share and then sell.

When it was at 4.63 on the buy out I was going to sell my shares. But was looking for at least 5.00 a share. So held on and now its in the 3.70 range.

I have heard word that Chimes a Subsidiary of them is going to be a nice amount profitable this quarter which I'm thinking will raise the stock. Also something else I like about the company is they have no debt.

Just was wondering if you think it will make it that high or I should pull out and take the gains where I'm at.

Thanks.

[wallstreet]

Homer,

Never know.. it would take some great news and a move through 4.50 with volume to convince me.

I dont think it hits 5 quick enough that a similar asset with higher volitility might.

If you want, wait for the earnings release, see how it acts..then leg out of 2k shares. If it breaks 3.40 or so, I would bail!

The trouble is, what they do isnt sexy...so the stock rarely moves!

GL

[Homer]

Wallstreet,

As always thanks for the information. I agree with that, I'm going to wait on the earnings and sell at least 2k of the stock.

Thanks Buddy.