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Technology Stocks : Aladdin Knowledge Systems (ALDN)

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To: Nitesh P. Patel who wrote (86)8/28/1997 11:18:00 PM
From: FrLR   of 351
 
Nitesh, I researched your claim regarding ALDNF going up on Tuesdays and down on Fridays. Here are the results:
From 11/97 thru 8/28 we have the following stats

Tuesdays=34 stock increased=14 decreased=16 unchanged=4

Fridays=34 less two holidays=32
stock increased=14 decreased=14 unchanged=4

So unless my analysis was flawed, there is no such pattern. However
on 3 of the Tuesdays the stock was up 1 point or more.

In general though the stock has acted very well, especially this past week. We have gained almost 3 points or almost 25% while the market has declined.

I think we are headed to new all-time highs within 2-3 months!
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