Conductus (NASDAQ: CDTS) superconductors Message Board

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Technology Stocks : Conductus (NASDAQ: CDTS) superconductors

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To: William L. Oppenheim who wrote (279)	3/17/2000 2:15:00 PM
From: Zeev Hed	Read Replies (2) of 352

William, actually, no, I find it quite "natural", on Steve's thread we are discussing the technical aspect of the stock and came to the conclusion that it is is still possible for the stock to retrench all the way to the "breakout" between $29 to $32" give or take. Don't forget that just on Monday, we actually run all the way to the resistance area near $65. That was induced by a news release from SCON. Long term, and I mean 18 to 24 months, if the current valuations in the market in general hold, I have a target of $200, but we have to break decissivley through some "supply" area in the $64 to $66 range. Once that is cleared (probably due to better visibility of shipments), I think that the "trek up" will resume. Zeev

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