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Technology Stocks : Cabot Microelectronics -- CCMP

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To: Jack Hartmann who wrote (13)8/22/2000 6:13:19 PM
From: michael modeme   of 35
 
I hope it does better too. While IBD's approach is better than most, it still leaves a lot to be desired. The main problem is an unavoidable one: there is a large amount of volatility when picking one stock. That said, IBD's picks typically have higher expected gains than a stock chosen at random. I would use the 52-53 range within the next 8 weeks as a re-entry point based on my model (assuming that the rest of the market is flat).

good luck

cheers
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