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Technology Stocks : RadiSys Corp

RSYS 1.720

+0.6%

Dec 11 4:00 PM EST

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To: zalesky who wrote (122)	11/25/1996 10:52:00 PM
From: Alex Burns	of 1472

I agree with you up to a point. Perhaps, you'd care to hear from someone that's not quite so positive on RSYS. I've made my money on RSYS by shorting it for the past few weeks. You try shorting stocks in a bull market and see how you like it... I was planning on covering my short postions at the 45 level, but was given a little extra today. Such a sharp move was clearly overkill, so I went long in addition to short covering... It gapped down today from yesterday's close of 51 to the high today of 48. Technically, there should be a lot of resistance at the gap, 48 - 51. If it get's thru 51, then we're good to get real close to 55. We're gonna have trouble gettin' thru 55, so I'll probably consider selling around 55. I'm not patient enought to wait to see if it'll get thru that level... Any thoughts of ever seeing RSYS in the 70s again are pretty remote from my point of view. But hey, who would have thought the DJIA would be over 6500 before Thanksgiving... Alex

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