Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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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 (10084)	10/12/2001 11:07:26 PM
From: Jibacoa	Read Replies (2) of 13094

Jim: MUSE Was up 21.16% today on volume of 6,313,800 It has been on an up-trend since Oct.3 with small up-gaps on Oct.5 & yesterday. It was upgraded by Raymond James on Oct.5 and on that day the company said they expect their 4th Q will meet estimates despite a difficult business environment.<g> Bank of America also had some positive comments about MUSE on Oct.5 Earnings for the fourth quarter are expected around $0.04 and revenue around $40M to $41M, in line with estimates. Yr.earnings are expected around 38 cents a share,with revenues more than $212 million. Institutions reportedly hold around 140% of the float and there is a 7% short position.<g> As you may recall, the H on Oct.24 last year was $108, so it is down substantially since then. <g> Although the stock's price has doubled in the last 8 trading days (since Oct.2 <g>)it seems it may still have some room to run. It finished close to its intra-day H,but I wouldn't be surprised if it retests the 11.5 to 11.65 level on Monday. How does it look to you ? siliconinvestor.com siliconinvestor.com siliconinvestor.com RAGL Bernard

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