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Technology Stocks : Amdocs (DOX)
DOX 84.41+0.2%Oct 28 3:59 PM EDT

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To: Rusty Johnson who wrote (53)7/17/2000 5:35:19 PM
From: Bill Barry  Read Replies (1) of 55
 
today's modest gain was on over 4 times average daily volume. For those who don't read it, IBD has been spotlighting DOX a few times in the past month. in IBD's stocks in the news column, DOX was highlighted with chart and positive narratives on June 22, July 5, 17. Comments made include the fact that analysts are forcasting that 3rd qtr earnings will be 69% higher than last year. and that Institutional sponsorship has been rising in the last 7 qtrs with 39 A-rated funds (according to IBD's scales) among the DOX shareholders.

On the downside. Before today's very high volume, I was concerned about the prior three consecutive days of gains on lower volume.

Still long with DOX, but with a tight stop loss set.

Perhaps DOX's big volume up day today is a hint at some good news coming!

Best wishes
Bill Barry
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