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Non-Tech : ZOLT
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To: D.J.Smyth who wrote (262)9/5/1997 10:44:00 AM
From: David L. Wasylenko   of 970
 
I am not a technical trader, but my understanding of that type of trading is that it depends on the fundamentals. A stock doesn't rise/fall because of the charts... the charts rise and fall because of events affecting the company and the market.
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The company released info on the 6 lines in Texas, earnings are strong, growth is strong, and they continue to do what they say they are going to do. This is why the stock continues to do well, not because of squiggles on the screen. The squiggles are a reflection of events, not the cause. (mNSHo)
... david ...
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