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Strategies & Market Trends : Three Amigos Stock Thread

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To: lostmymoney who wrote (16657)	9/22/1999 2:45:00 PM
From: Ken W	Read Replies (1) of 29382

Mike, ITII: Entry is in the mid 23's or low 24's with long term resistance in the 29 to 31 area. The shorter term is overbought so wait for a pull back from the recent run up. FA wise I don't like the lowering of coverage on EPS from 90 days ago to 7 days ago from .58 to .53....pice to sales is a little high too. I'm sure there is something in the wind to drive the price higher due to the rise in price and volume today, but it will be a sell off the news type of thing when it comes due to the overbought condition of the stock. Ken

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