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Technology Stocks : Teradyne
TER 186.09-3.2%12:18 PM EST

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To: Mr. Aloha who started this subject10/12/2000 1:56:40 AM
From: Rob S.   of 1184
 
TER now looks like an extremely oversold buy. The MACD crossing and early positive money flow divergence play well with bottoming action of the NASDAQ. This fallen angel should rally soon to the lip of the recent gap at 42-44. Looks promising for higher returns - but don't count on rip roaring rallies as seen last year anytime in the near future. A few of the fiber telecom stocks remain in over-bought territory and may show continued weakness. Movement down in the leadership communications equipment stocks normally might not bode well for TER, but I think some of the great divergence between the darling flying pigs and the bastard stocks like TER will close.

I don't own any TER and haven't been short in it - but I will probably go long on some in the next couple days. Good luck.
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