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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC
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To: ztect who wrote (1)1/9/1999 2:17:00 PM
From: ztect   of 1150
 
Technical Indicators

ICC Technologies current price: $4.50
Overhead resistance for ICC Technologies: $7.50 (52-week high)
First support for ICC Technologies: $3.68 (200-day moving average)
Second support for ICC Technologies: $3.43 (50-day moving average)

On 01/07/99: RRRR crossed above its 200-day moving average. Technical analysts generally consider this to be a bullish sign because it means the stock is now rising relative to its average price of the past 40 weeks

Since 09/15/98: The price-earnings (P/E) ratio for RRRR has been less than its average next year's projected earnings growth rate. For small and mid-cap stocks in particular, this is generally considered as a sign that a company may be undervalued.

P/E is 50
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