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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: WaveSeeker who wrote (93542)4/16/2000 10:00:00 AM
From: lee kramer  Read Replies (1) of 120523
 
Waveseeker: Interesting post. I think that when they turn, and they will, it'll be difficult to buy what you want without having to "pay up", perhaps a lot. As to ARBA. Yeah, great company, (or so I'm told) but a stock that's down 75% from it's high might take quite a while to come back. Remember; lottsa folks bought the stock way up...and some,(I have no idea how many or how many shares they hold...and this includes "trading" institutions) are still holding, looking to "get out even" or at the least, reduce their losses. This suggests resistance above the market for ARBA for a while. (Lee)
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