Storage Dimensions - STDM Message Board

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Technology Stocks : Storage Dimensions - STDM

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To: kvogel who wrote (137)	8/7/1997 3:30:00 PM
From: TLindt	of 311

Keep in mind some investors go strictly on TA. Some buy when the stock price exceeds the 50DMA, currently that is at about $6.25. Just to give you an idea how fast that has been falling.... On July 31st the 50DMA was at about 7.00 On July 18th the 50DMA was at about 8.00 So it's falling pretty fast, and we will be hitting it fairly shortly, days from now, not weeks. If we continue to trade right here. STDM has a lot going for it, in that we've been locked in a 6.25 to 5.00 range for 2 months. I can't see any reason, News Stuff or Research Stuff, which is effecting STDM. The longer we stay here the better, because it really does look like we're at the bottom, or very near it. And I'm not selling at a bottom. If the 50DMA does trigger buy programs, we will know in a few days. Good Luck!

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