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Technology Stocks : California Amplifier - 2
CAMP 3.395+4.5%3:05 PM EST

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To: Steve Hufnagle who wrote (2020)10/27/1999 1:20:00 AM
From: Jibacoa  Read Replies (1) of 2267
 
If it can close above the September 9th H at 19.375 and resume its previous momentum then it could double.

Remember that it went from 8.437 on August 16th to the 19.375 H (It doubled in less than a month)

If you look at CAMP's previous run in 1995 to 1996(look at a monthly chart) you will notice that it went from 7.197 in September 1995 to 17.750 in January 1996 and by April 30th 1996 it had traded as high as 41.(The H that year was 43 in June)

So if CAMP can resume its previous momentum it could do it again. Remember that the float is only 10.5M. The only thing we need is some cooperation from the general market, which so far doesn't seem is coming.(Just keep looking at the Advance/Decline ratio and NewHs/NewLs which keep reminding us that we are still on a "correction", if not the start of something worse)

We have to keep the eye on the ball, because we still have a few days of October left and the Y2K to deal with.

Good luck to all.

Bernard
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