CHPS Message Board - Msg: 1841914

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Technology Stocks : CHPS

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To: D. Swiss who wrote (2187)	7/26/1997 12:14:00 AM
From: Alex Burns	of 2740

>Anybody know why the sudden surge at the end of the day?< The surge started at 11:00am and didn't end at the closing bell... it'll continue next week... Take a look at the intraday chart: schwab.com CHPS gave and continues to give so many different technical buy signals that it looks like fireworks on the 4th.of July. By the time we find out about the good news it'll already be in the price of the stock. Could be a design win, a big contract, anticipation of good news coming out of the meeting we've been discussing here for the last few messages... It could be an upgrade given first to the clients of the brokerage firm before the rest of us hear about it... It doesn't really matter what it is, CHPS stock is fundamentally a good value here. The psychology surronding the stock and money flow is demonstrating it. Alex

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