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Technology Stocks : Jacada Ltd (JCDA)

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To: BRA who wrote (358)7/26/2000 11:19:36 AM
From: Bill Barry  Read Replies (1) of 401
 
sold all my jacada yesterday. I had 2000 shares, and once a few of my stop losses were hit, I sold the rest. I'm cautious about the near term trend of the overall market. This has been a worry for a few days, and now today's overall market certainly does not help. I was also concerned to see jacada drop (again) below its 50 day moving average. I still like jacada, and will most probably get back in on a dip, IF the overall market looks ok. I'm guessing that there could be a jump up on the next earnings report from jacada, especially if it continues the great trend of the last reported earnings. I'm mostly in cash now, except for quite a bit of Nortel and some IAAI.

Yesterday I also sold ectel (ECTX) for the same reasons. This morning they reported great earnings, so will be a buyer of that on dips at some point.

Best wishes Brett and another others on this thread
Bill
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