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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 679.70+0.7%4:00 PM EST

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To: Johnny Canuck who wrote (27666)8/21/2000 4:45:46 PM
From: Return to Sender  Read Replies (2) of 68324
 
Does anyone have the time to help me formulate an opinion on AVTC? This company does IP Messaging solutions, is profitable, but missed numbers for a couple straight quarters with declining revenues. Now they are buying back $15 million worth of shares. Closed at 5 7/8's today. 52 week high of 36 1/8 and low of 4 3/4's. The P/E is just a shade over 10 and I'm thinking about taking a long term position here but would like a little guidance and an unbiased opinion on the technical situation.

finance.yahoo.com

biz.yahoo.com

Keep up the great work Harry!

Thanks, RTS
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