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Technology Stocks : Newport Corp.NEWP...lasers..semi..mfg...equipment..
NEWP 2.200+1.1%Oct 30 3:59 PM EDT

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To: All Mtn Ski who wrote (143)3/12/2001 11:30:12 PM
From: neverenough  Read Replies (2) of 174
 
I'm going to try my luck with NEWP Tuesday. EPS growth rate at 50% and a pe of 41 looks good to me even in this crappy market. I also like the risk reward ratio in the low 30's.

Fibonacci Projection/Retractment Levels
NEWP based on (03/12/01) prices

Open High Low Close
33.37 37.53 32.50 33.40
21-Day Hi 61.56
21-Day Lo 32.50
Projection 3 50.11
Projection 2 43.20
Projection 1 39.05
Retractment 1 32.25
Retractment 2 25.45
Retractment 3 21.30
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