Set the Controls For The Heart of the SUN Message Board

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Strategies & Market Trends : Set the Controls For The Heart of the SUN

IQ 1.925

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Dec 23 3:59 PM EST

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To: Mark who wrote (525)	7/11/1997 3:47:00 AM
From: Doug R	of 1156

ST, If it's going to make a REAL move, it's not set up yet. All the technical stuff seems to indicate that the chart needs to complete an inverted head and shoulders first. A breakout from that should get it moving over 17. It's on my watch list. Las qtr. they beat estimates by a penny but sales were flat and per share earnings were down. Next report in about a month. Stochastics momentum indicator points to possibility of a major breakout during the last week of July to the second week of Aug. which corresponds to earnings rept. Short term is very nearly overbought, long term is just starting to recover from oversold. Thanks again, Doug R

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