Sylvan Learning Systems (SLVN) Message Board

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Technology Stocks : Sylvan Learning Systems (SLVN)

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To: Chucky who wrote (19)	7/30/1999 7:12:00 AM
From: Tom Hofmann	Read Replies (1) of 40

Hi Chucky. Well, it still looks to me like it's in it's trading range. If we really did have a correction (like last fall) where it drops out of it's range due to market conditions, I'd expect it below 24. Otherwise, transient market conditions don't seem to be impacting it currently, IMO. It did have a downswing in April, but adjusted back quickly. I got in a little over 24 based on my beliefs. Personally, I like the stock, and I think it has a much better chance in the medium term of breaking through it's upper resistance rather than the lower, but short term, if this does develop into a significant correction, I agree that I could temporarily be in the loss column with this stock.

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