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Technology Stocks : First Alert (ALRT)
ALRT 0.0300-4.5%Nov 7 4:00 PM EST

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To: peter lo who wrote (3)10/21/1996 5:26:00 PM
From: Gary105   of 50
 
Hi Peter,

Unfortunately this newsletter only reports details for those stocks
that they rate a "10". Therefore I have no details.

My only concern about the stock (from the perspective of an amateur
technical analyst) is that there is a price gap between 4 and 4 3/8.
My experience indicates that these are often (though not always) filled.

Therefore I am concerned about it possibly going lower before it goes higher.
On the upside there is a gap remaining to be filled between 11 and 13 1/2.
So a possible scenario (just an opinion) is a spike down before a sustained
turnaround

Gary
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