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Technology Stocks : Hello Direct (HELO) - an overlooked internet beneficiary

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To: Sid Turtlman who wrote (148)3/14/2000 7:45:00 PM
From: Dennis   of 153
 
Helo Sid !!!!

Very nice write up in today's IBD on page B10..."Stocks In The News" section.

" Hello Direct notched a new intraday high Monday, completing a 10 week base on four times normal volume. In coming days, the stock may pull back to form a handle, as seen in cup-with-handle bases. The San Jose, Calif-based company makes and markets telephone productivity tools, including headsets, teleconferencing wireless and related desktop products. Management owns 60% of the firm.. During the last two quarters, it has seen its highest after-tax profit margins in the last three years. Not surprising, earnings have also been healthy. Fourth-quarter profits were 31% higher than at the same time the previous year. Analysts expect first-quarter profits of 24 cents a sharee vs. 17 cents the year before. Sales growth has been accelerating the last five quartyers, with fourth-quarter sales up 29% over the previous year."

First I have heard of this one....are there any targets out there from analysts who follow HELO?? Looks like average volume is 200,000....big spike today....breakout????

TIA
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