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Technology Stocks : Entegris ENTG
ENTG 85.96-0.3%Dec 29 3:59 PM EST
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To: Probart who wrote (22)11/2/2000 1:29:38 PM
From: The Ox  Read Replies (1) of 33
 
Hi Probart.

The downtrend is still in tact and, IMO, upward resistance is still strong. What could be considered encouraging is that there is a series of higher lows (if we take out the blip down from the other day (pretty light volume). I think that this stock needs time, more than anything else. The sector is out of favor, the small caps aren't very strong and this is still a relatively new stock. High risk but I agree with the high teens/low 20s target in the 12-18 month range. Downside in the high 6s would be my guess.

my 2 cents, fwiw.

mh
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