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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 1:29:26 PM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

SRTI: Another one I started playing with today.For the fiscal year ended in Dec. sales were up 84.5% (from 61.5 million to 113.5 million) and net income was up 86% to $20.4 million.

The PE is around 14.5 Institutions only hold 5% of the 17.5 million float and have done some selling lately, but insiders hold 65%.

The daily volume had contracted in the past 2 weeks to about 1/3 of the 3 months average.

I will be satisfied if it can close above the 6 1/2 level today. It has some resistance at the 7 1/2 area, but if it could retest the Jan.&Dec. Hs at the 16 level it would be a 146% gain from present level (not bad even if it takes several months )<g>

They have $1.25 cash/share with a current ratio of 5.4

How does it look to you ?

RAGL

Bernard
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