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Technology Stocks : OCR

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To: LUANNE CLAY-RUSSELL who wrote (10)6/27/1999 9:09:00 PM
From: Susan Saline  Read Replies (1) of 21
 
Luanne and john ritter

the day the block crossing came about ... was the perfect entry day
6/21 and 6/23

I bot original position at 19 sold at loss at 18 ... so have been following since that time.

bot back again at 12 sold 12.50 on almost the first downtick ... fear, sold too early ... memory of loss too close. I erred ... should have held.

would like re-entry again ... have had on watch.

so it is good here ... I would think yes

could another "dive" occur ... I think not. All the bad news should be out with the 2 consequitive drops, and actually overdone, with the revenues they have.

but ... If I were still holding ... I would have a stop loss at the 52 wk low 11 3/4

the trend appears to want to go up, finally ... but just be careful. the stop is important ... cause like, many others ... VVUS comes to mind ... we wouldn't want a 12 dollar stock slowly drifting to 5

the trend before the 2 dives was a good slow upward trend ... often when a stock takes an unusual dive as this did ... it tends to drift back up slowly to the original trend line before hitting resistance and heading back down ...

also I would think any very good news will send it flying up

anyone willing to do a fundamental analysis ... would be welcome on this thread ... myself ... I know my inept area ... and that is dudamentals

hope I have helped some

sue

disclaimer: no current position
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