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Strategies & Market Trends : Tech Stock Options
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To: Nancy who wrote (6807)4/4/1997 9:40:00 AM
From: SFW   of 58727
 
Nancy,

You are correct; that is longer than 12 months but that is where it took off after consolidating for some reasonable time. Previous support had been at 50. As for the growth story, they keep acquiring high grwoth rate companies and according to their CEO on CNBC a while back, that growth rate will continue for a while. He seemed very comfortable with 40% growth, but time will tell. I still like the company at lower levels.

Abed
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