Aeroflex (ARX) Message Board

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Technology Stocks : Aeroflex (ARX)

ARX 13.58

-1.3%

Nov 14 9:30 AM EST

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To: Pat Buglak who wrote (161)	8/5/1997 10:14:00 AM
From: MulhollandDrive	of 586

Pat, it definitely has support at the 4.5 level now, money flow is strong, I have the stochastic oscillator above 80, which is considered overbought, but the CMO does not show an overbought or oversold condition. Trading well above its moving averages. Of course none of this reflects the Oppenheimer buy. I think what I will do is add to my position, just am not sure if it makes sense to wait until after earnings (Aug.11, I believe), if they don't hit or exceed their number (.13) I'm sure we would see some selling, but based on future earnings projections, the stock is trading at fair value at current levels. Seems like a buy to me. bp

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