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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Harold who wrote (4852)6/24/1999 10:58:00 AM
From: Bruce A. Brotnov  Read Replies (2) of 6445
 
Harold, I looked at PERI and then thought you meant PSEM. I prefer ESST to both but I don't have a rating on PERI (PSEM has a 3 rating). All 3 are holding up ok and PERI is one that seems to move against logic but they have been receiving new orders recently. They also broke through 2 year resistance (and high)at just over $14 and that is a positive.

With .18 earnings estimated for 7/19 I'd probably hang on to see if I could catch $17 area and then sell if it stalls in front of earnings. It went to $32 in 97 but it tends to run with momentum players from what I have seen, although it is not one I follow (do get asked to look at it occasionally).

I hope your move settles out soon.

Bruce
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