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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (5080)8/10/2005 4:38:52 PM
From: Libbyt  Read Replies (1) of 13449
 
SSFT is currently buying NUAN. IMO this factor might might make interpreting a chart more difficult at this time.

SSFT is a company I've followed for a long time, and IMO it would be a perfect "fit" to be bought out by MSFT. (at a much higher share price!)

"12:54 SSFT ScanSoft -- New High Profile (4.83 +0.29)

Making a new 52-week high today is ScanSoft, which offers speech and imaging services, such as automatic speech recognition, and text-to-speech technologies to more than 15 mln customers. Services include desktop scanning, OCR/PDF conversion and personal document management, to eForms, speech recognition and dictation. The co is profitable and is expected to grow sales 37% next year to $305 mln. Moving the stock today is a strong Q2 report when it beat expectations, despite guiding higher just last week. The stock is breaking above its recent trading range of $3.60-4.60 on strong volume. Also, the name is a potential acquisition target as its suite of products would be an attractive addition to a larger business software company's offering"
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