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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 367.13-0.2%Dec 12 9:30 AM EST

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To: Findit who wrote (25697)11/18/1997 5:14:00 PM
From: Jeffery E. Forrest   of 33268
 
James, in order for the strategy that Jim outlined to work
It HAS to be during a bull market AND even more importantly,
You have to choose a company with good fundamentals.

RACE at it's highs had NO earnings, NO customers, lawsuits pending, Heavy debt load, questionable convertibles, terrible looking chart, a product that came to market obsolete, a product that no one needed or wanted, had just lost some important contracts.......Shall I continue?

This is not the picture you want to see when using Jim's strategy.
I beleive he is referring to the William O'Neil strategy, but that strategy has certain criteria (C.A.N.S.L.I.M.) that RACE did not meet.


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