Sapient (SAPE) Message Board

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Technology Stocks : Sapient (SAPE)

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To: TimeToMakeTheInvs who wrote (156)	8/24/2000 5:30:59 PM
From: Francis S. Patrick	of 178

SAPE has a good recent record of bouncing up from oversold stochastics, plus it seems to want to bounce back at this confluence of both the 4-month and year-long supporting trend lines. Add to this the irrational behavior that usually follows a split (due next week), and I'll take a flier on this one. Looking for a possible return to at least the middle of the uptrend channel, which would be about 25% from here. (In looking at the longer trends I find myself ignoring the tech wreck of april as well as the bubble earlier in the year -- nice summer 99 trends on a lot of these tech things seem to be holding up if you ignore the bubble and the wreck)

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