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Technology Stocks : Conversit.com
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To: Stock Detective who wrote (8)8/4/1999 8:42:00 PM
From: John Menzies  Read Replies (2) of 12
 
Two factors. There was a strong short position recently - but the stock has found strong support at these levels. Brave lad to short a stock with tight capital - but it takes all types.

Of course the entire teck sector has had a bit of a correction lately. Think about it "correction" brokerese for telling his client that he just lost money on paper.

With the price at US$5.60 on good volume - it looks interesting.

Webpage - they always seem to take a lot longer then anticipated - but it is important to get this one right. I have asked the same question and expect a firm answer shortly - will post.

Regards
John
cmi-capital.com
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