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08/11/07
08:40
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I cannot see any previous post that says they are averaging down with their purchases?
They may well be "top notch" in some punters eyes, but they too can get it wrong, albeit probably less than the average punter.
I have previously cited the case where they recently bought a substantial holding in another tech. stock, I.T.E. at 13c. That stock is now 30% lower!
Personally I have no firm view on CDR but one would have to assume the company has some value?
However, the longer things take to get sorted out then the more disruptive it is to their ongoing business and this will diminish the value of CDR.
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