Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: DonnaS who wrote (62060)	9/20/1999 1:51:00 PM
From: Jenna	Read Replies (1) of 120523

#2 page 5...I'm holding this, it's not flying but its a solid company with a P/E of 13 and undervalued with a steady growth rate 20-25% and a peg of .65 (takeover candidate material,remember VRLN). It had a nice pop last Monday-Tuesday fresh when the newsletter came out, I'm in from 14 with half position. Still making higher highs and higher lows, and is officially in its uptrend. If you look at the longer term chart it looks fine, but the short term 5-7 day chart triggered a sell signal on Friday, and today the directional ADX, +DI went into sell mode as well, but the more sensitive RSI and momentum are still hanging on. I'd still put in a stop because the MACD histogram just turned negative but these indicators are very changeable and could change within the hour, so I would not be in a rush to sell.

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