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

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To: LastShadow who wrote (2575)9/12/1997 3:49:00 AM
From: MENSO   of 120523
 
>>> Still long on CNTR, CU, INEL, MSPG, but expect tomorrow or Firday to be the last day in those. <<<

Are you kidding? CNTR closed UP 24 percent Thursday on record-breaking volume, and Dakin Securities is still projecting a share price of $8 to $11 by the end of the fourth quarter. Why would anyone want to sell now after it has finally broken-out.

All the TA indicators are GO. Fundamentals are GO. Tomahawk product is about to be released - GO. A big announcement is about to be made any day now - GO. Oracle canceled Sedona mainly because it was not built on Java, and Tomahawk happens to be virtually a mirror image of Sedona except for the fact that it WAS built on Java so the possibility that Oracle will adopt it is also a strong GO.

With all systems GO and the Centura rocketship already off the launch pad, why would anyone want to abort the deep-space mission now?

Am I missing something?
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