Tekelec Message Board - Msg: 12760695

STOCKTALK

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Technology Stocks : Tekelec

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To: stock bull who wrote (1328)	2/2/2000 9:19:00 PM
From: WTSherman	Read Replies (1) of 1648

The pattern I've seen recently has been for most stocks to take a hit the day after earnings as speculators hoping for a "blowout" leave. Then, for company's that have had really solid results and look strong for this year the prices move back up. CYMI did this, dropping from $56 to $52 the day after and moving as high as $61 a day later. One thing you have to say for TKLC is that its not exactly a "momentum" stock. Its gains have really been earned and its still very undervalued against this type of performance. At any rate, I'm not planning on selling anything real soon. I sold my trading position when it hit $29 and bought it back at $24. I keep a core holding that will remain a LT gain...

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