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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: Sam who wrote (752)2/20/2000 10:38:00 PM
From: DWB  Read Replies (2) of 1045
 
Sam,

Yes, there is some resistance in this area, but it's not really surprising. SFA is going into uncharted territory for the stock, and it's not unusual for it to want to consolidate for a while. People need to get used to it trading at these valuations, and lacking any new news to drive it higher, I wouldn't be surprised to see it here for a couple of weeks. That doesn't mean it's going down, or that it couldn't go higher, just that I'm not concerned or looking for ways to get out because I think this is "bad".

DWB
Q2.5K/Y2K+5
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