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Technology Stocks : Systemsoft Inc. (SYSF)
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To: Alan Stalter who wrote (143)7/27/1996 7:30:00 PM
From: Jim Roof   of 3529
 
Alan,

I assume you are talking to me. If you are adventurous short it now. You could also short it once it breaks out of this consolidation but this would give you an entry no higher than about 15-16. The target is in the 10-12 range.

If SYSF continues to struggle with 20-21 I think you are pretty safe here. You could protect yourself with a stop buy at 23 or so. The downside on this one is far greater right now than the upside depite what Mark says. Hopes and dreams are not what SYSF is about right now. It's about quick profiteers not wishing to lose their good gains picked up on the dips and 25-30 investors looking to get out with as small a loss as possible.

Jim
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