SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LEGATO SYSTEMS LGTO
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (768)2/1/2000 8:42:00 AM
From: Philip W. Dunton, Jr  Read Replies (1) of 1138
 
Chuzz, Let me give you my 2 cents worth, hopefully it is worth more. I am also looking at LGTO. I have made a lot of money buying fallen tech stocks that have been taken out and shot by the money managers. One of the things I have noticed over the years (when you are looking for the bottom of the decline) is that a slaughtered stock like LGTO often retraces its entire move, although this is not always the case. I think you have to watch for some base building. In the case of LGTO, the move was from the 15 to 20 region all the way up into the 80's. While it appears that LGTO has retraced most of this move, there could be another 20 to 30% on the downside, especially if there is anymore disappointing news. Check this chart:
askresearch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News