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Politics : Idea Of The Day

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To: George Mc Geary who wrote (9171)9/8/1997 3:25:00 PM
From: J.T.   of 50167
 
George, re SEG. I think Jan 98 calls are too early. You may want to go out to March or Jan 99. I like this stock long term. Great company. But this technical picture is heavily damaged and will need the extra time premium to fully get back on the road to recovery. No TA necessary here. Re APM: Another breakdown. This stock is going back to fill $27 1/2 area IMHO. Very significant during 8/7 and 8/26 period stock could not breakout of $38 1/2 area to prod new resistance levels. Stock has gotten ahead of itself IMHO, and I believe you hold off for now. I realize this is a very popular stock amongst many on this thread, but I call em the way I see em (sometimes right and sometimes wrong). A close at or below 30 5/8 will confirm the continued short term downtrend. JT
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