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Technology Stocks : ODS - Optical Data Systems (NASDAQ: ODSI)

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To: Tensane 1 who wrote (63)7/1/1997 11:38:00 PM
From: Larry Unger   of 258
 
They came out with the same press release as they did last quarter when they did not meet estimates. I think the market is relieved that they did not warn about not meeting estimates. Thus the little rise today. We shall see if it holds tomorrow.

Even if they miss the number by a little, this stock has a great resistance level around 11.25. Its a little too obvious that this stock runs up and then someone who knows the number won't be too good for the quarter decides to tell his/her friends, etc....

I'm loading on this stock if like last quarter they release and that morning pre-market hype brings the stock down to ridiculous levels.

All comments welcome.
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