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Strategies & Market Trends : Z PORTFOLIO

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To: Ron McKinnon who wrote (2981)	7/30/1999 10:31:00 AM
From: DanZ	Read Replies (2) of 11568

ECLP, ASHW. Eclipsys seems to have stabilized between 17 and 18 and is grossly oversold on the daily chart. I don't know enough about the fundamentals of the company to understand why it lost over 30% of it's value in two weeks, but I'm ready to take another stab at it based on the chart alone. It seems to me that this is just a very volatile issue that got ahead of itself, had a sell off on news that leaked, then got caught up in the market slaughter. Bought 2500 shares at 17 3/4. Stop 16 7/8. Target 28 to 30. Sue, what do you think? Ron: I'm not buying ASHW yet but it's near it's 52 week low again. Dan

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