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Technology Stocks : Jimbo's Playhouse/CPQ
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To: Mao II who wrote (2274)6/20/1999 6:46:00 AM
From: Kenya AA  Read Replies (1) of 12662
 
M2: TLAB's average daily volume is around 4.5 million. On a decent BO volume should be AT LEAST 20% above average - most are over 50% above average, but just because the volume wasn't there, it doesn't mean it will fail. It's just that between the gap and the low volume, the BO is a bit suspect.

K
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