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Technology Stocks : Gilat satellite networks (GILTF)

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To: Howard C. who wrote (339)3/23/2004 12:11:36 PM
From: VIXandMore   of 350
 
I'm still long here, but don't expect much upside while Yassin and Middle East terrorism stay on the front pages

On the plus side, I feel good about this stock short-term as long as it consolidates recent gains and stays above 8.25. Still, I can't find a way to link the recent runup with any fundamentals or news. Of course, the insider sales don't give me a lot of optimism either: globes.co.il

I'm holding until the charts give me a signal to get out or take a more aggressive buying approach -- probably in the next few days. If all the Israeli stocks start to drift back up, I may even take my finger off of the sell button and give the stock a longer time horizon in which to make another move.
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