HMT Tech..281% sales growth at a trailing PE of only 17 Message Board

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Technology Stocks : HMT Tech..281% sales growth at a trailing PE of only 17

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To: Dontin Wang who wrote (273)	8/28/1996 5:12:00 PM
From: grace	of 317

To all: HMTT begins to respond today. The resistence levels are 17 1/2 and 20 in the short term. By today's price momentum starting build up (still low volume), it has a good possibility pass the first resistence level this week. A month ago, the shorts were about 800,000 shares, if I remember correctly. I do not think that these shorts were covered yet. I believe that shorts began to cover now, which lifts up HMTT price. Due to heavy short interests on HMTT, I am betting that HMTT will pass 20 mark soon. Good Luck

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