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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: KELLIS who wrote (153)	5/27/1997 9:09:00 PM
From: J. P.	of 584

I certainly couldn't guess the price action tomorrow, but I like our chances. I've been riding this stock for a few months now, and have some gains eeked out by covered calling, so I'm also enjoying this but am always cautious and ready to pull the plug! Anyways, I know in the last quarter some stocks that I owned actually dropped in price after reporting record earnings. However, I think the market conditions being more exuberant now will reward earnings as they did with DELL. Today the price action was a bit odd, because the stock started out of the blocks on fire, then waned down to even until about 10 minutes before the bell, then shot up a point at the close. As long as the volume stays high and the price action remains positive I think we're okay. -just the opinions of an amateur!- P.S. Gunner, the caps lock key is on the left hand side of your keyboard <g>

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