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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (8090)3/6/2001 1:08:24 PM
From: Jibacoa  Read Replies (2) of 13094
 
JIM:

STXN: (The old Digital Microwave)had a good gap-up this morning, and so far has been holding above it.I will be satisfied if it can close above 9 5/8. It had recent "downgrades" from "strong buy" to just "buy" and last week had a 52wks. L at 8

It had a 45% better revenues for the last 9 months and earnings went from 4.8million to 32.2 million, just some +652% <g>reportedly on higher margin products. The institutions hold 122% of the 48 million float and the PE is around 18

If it can retest the Jan.&Feb.Hs in the 17 area it would be +72% from present level, not bad even if takes a few months <g> Last year H in March as I recall, was 48.5

RAGL

Bernard
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