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Technology Stocks : Raptor - Where does it go NOW?
RAPT 57.760.0%3:59 PM EST

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To: Tuan Phan who wrote (433)8/8/1997 10:48:00 PM
From: Bosco   of 652
 
hello Tuan - my guess is that RAPT was trying to retest the recent lo. We were kinda lucky that it didn't cave in today's wilting environment (sure, most of us ve lost serious $.)

Hopefully, the following 4 conditions (not XOR) will happen next week A) bounce off the support and head north to retest the 12 1/4 resistence; B) the general mkt recovers from a one day selloff (this is a tough one, if more selling on Mon, RAPT may not be able to withstand the gravity;) C) the covering brokerages reiterate BUY recommendation; and/or D) some good news from the co!

tough call but please stay calm

rgds Bosco
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