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Technology Stocks : AULT: The unnoticed superstar
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To: John D. White who wrote (324)4/10/1999 5:14:00 PM
From: Dave Funis   of 369
 
I can't argue with any of that. I too wouldn't be surprised to see more follow-through on Monday. Not that I'm into technical analysis, but my broker has been saying that when the stock finally clears $9, it would signal a significant positive multi-year chart reversal. It hit $9, and blew through it....

BTW, that old high of $16 (6/96) I've never considered a serious top--if you'll recall, it was part of an overall small-cap bubble, which I thought had little bearing on the stock itself. At that time I considered the teens pricey. Now I expect it--especially if we are now looking at the Y2K fiscal year outlook. Under those conditions, a price in the teens is still only about 15-18x Y2K earnings. In other words, still cheap by today's I-Net standards.

Thanks for the insights.

DF
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