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Technology Stocks : TECD - Tech Data
TECD 144.900.0%Jun 30 5:00 PM EST

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To: Judy Muldawer who wrote (199)9/5/1997 9:02:00 AM
From: JOE   of 584
 
>>Nice to see some good earnings - better than expected. BUT,
beware. We all have seen great earning's reports and then a
downslide.<<

I think it won't happen this time, several reasons:

1) General market is good, employment data is excellent.
2) Solid base, hasn't risen on "no news".
3) New high, no resistance.

I expect today it will close at $42-$44 with high vol. The main events will happen next week, when it appear on newspaper such as IBD, and people do their research this weekend.

joe
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