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Technology Stocks : Hauppauge Digital, Inc. (HAUP)
HAUP 0.01550.0%Nov 7 9:30 AM EST

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To: ChrisJP who wrote (21)7/26/2003 9:17:12 AM
From: RKHIII  Read Replies (2) of 385
 
Hey Chris!
It fell to resistance around $2.20, which could be expected due to the low volume, and the past three days have put in a triple bottom at that point.

I'm hoping the MM's are happy at this point and have accumulated enough to satisfy a run into earnings. HAUP usually doesn't disappoint in that regard, but I have no way of checking to see how their sales are proceeding.

You may know that this is one of Zeev Hed's "little gems", but he had recommended recently that people bail if it closed below $2.70. I don't know if he did and I haven't seen him recommend another OB (his term for "obvious buy") as of this point. He stated that he had bought around $2.78. He's one of the most astute traders around, so I try to keep an eye on his recommendations. This is the only one he talks about that I trade, however. RK
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