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Technology Stocks : UNICOMP (UCMP)

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To: Zoro who wrote (1557)12/14/1999 4:09:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 1608
 
Zoro, besides 110 stocks in my main database (42 data fields of info) I keep a watchlist of 500 to 600 stocks that I normally review 1/2 daily on Telescan. UCMP had a beautiful base at 3 3/4 x 3 13/16 and I was ready for a buy on move up (and subscribers were so advised). Picked up at $4 on heavy volume as it had also come through with improved sales and 2 positive quarters of earnings (.03 then .06). The news has propelled it up even higher, but I bought on standard (my Poormans standards) growth and chart evaluation. Linux news just happened to be the frosting. I'm not sure it can get much above $6 unless the momentum players get ahold of it. That is less unlikely if the market starts a correction going into the year end.

Bruce
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