Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (358)	4/18/2002 3:11:21 PM
From: Jibacoa	Read Replies (2) of 1404

STOR Seems to have bottomed at the 2.40 level.<g> It is moving up today after reporting a loss of $0.05/share which was less than was expected.<g> They also announce plans to cut around 23% of they payroll to save cash.<g> They reportedly have around $230 M of $2.34/share. For their fiscal year ended 12/31/01, their revenues had increased to $123.6 million, from $48.2 million, but their loss rose 80% to $225 million.<g> The loss for the last Q was only will have to see how their revenues keep up with the cuts on their work force.<g> I don't have any position on STOR, but I am adding it to my watch list.<g> Next resistance points are at 4.10 and 4.75 before it could think of testing the February 1st H at 5.58 <g> siliconinvestor.com Bernard

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