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Technology Stocks : Jimbo's Playhouse/CPQ

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To: fooledalot who wrote (2890)7/12/1999 3:41:00 PM
From: Kenya AA  Read Replies (4) of 12662
 
Hi f and NW: I've been watching PFE too. I sold last Wednesday at 37-1/2. 38-1/2 is fairly strong resistance. When it closed above that on the 2nd and headed higher the next session both on great volume, I thought it would blow right through so I held on. Now it seems that that resistance is going to be a little tougher. Chart looks like a cup and handle is forming - we're making the handle now. PFE reports after the bell today, so I would think that that MIGHT provide the BO point. Not very high expectations for earnings - single digit growth due to difficult Viagra comps. Maybe there'll be a surprise. Could be interesting tomorrow.

K
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