Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Charlotte who wrote (2584)	9/11/1997 6:50:00 PM
From: AlienTech	of 120523

ASND got downgraded by almost every analyists and is going up with the latest round of upgrades. Sometimes TA or FA dosent tell the whole story but from looking back, 47 is almost a 52 week low and it should bounce to 40 as sson as the rest of the market takes off which might be tomorrow. Its still got a pretty good chance to go to 50+ in a few weeks if the management says some positive comments. Its happened before so its not like this is the first time. Just wish I had the courage to buy upteen OCT 45/50 calls :) instead bought JAN 40's.. AMAT bounced of their 50MA, you dont get much of that, was very surprised it even came close, the last 3 times it bounced off 94. Stock to watch tomorrow MOT, getting clobbered already, DOWN 7+.

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