LEGATO SYSTEMS LGTO Message Board

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Technology Stocks : LEGATO SYSTEMS LGTO

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To: No_underscores who wrote (1092)	7/17/2000 12:48:47 PM
From: New Economy	Read Replies (1) of 1138

The chart indicates this stock is ready to explode to the upside. Here is my theory: On Friday we bounced off 11.38 pretty strong right before the close. This morning we opened up @ 11.75 and the price is in a tight range. This is known in technical analysis as a NRD Narrow Range Day. If we stay above $11.75 and shoot up pass $12.625 we have changed the trend. Keep in mind, I just saw 100,000 shares being bought @ $12.00. $11.813 - $12.063 the last couple of hours range. Check out my other picks in the last 2 weeks: Message 14049431

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