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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 259.65+1.1%10:18 AM EST

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To: lazarre who wrote (1120)7/6/2000 12:12:18 PM
From: gloff  Read Replies (1) of 1801
 
when I'm unsure of short-term direction, I often look at the stochastics. Of course, the main thing about FFIV is it's dominant position in its market, consistently focused management, and profit and growth. It is trending upward, there is low volume on down moves. People always overreact to an analyst who may or may not know much about a stock. The stock is obviously not worth $160 one minute, $30 the next, $56 the next, and then $47. I may have to wait out an August sell-off, but I will be surprised if this stock is not around $95 or more by February. No one seems to have such a long time horizon with tech stocks anymore, but 100% gain in 6 months is attractive to me.
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