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Technology Stocks : iGATE(IGTE)

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To: Swami who wrote (320)7/19/1999 11:31:00 AM
From: Leonard Bertrand  Read Replies (1) of 380
 
I don't know how we can say that there is resistance at 22 because the stock hasn't traded up to that price recently. If the stock were to trade close to 22 and keep falling back then that would indicate resistance. I think that with the positive atmosphere surrounding this stock right now that we should see the mid 20's in the next week. Of course, that assumes that the earnings report is not disappointing.
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