Aeroflex (ARX) Message Board

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Technology Stocks : Aeroflex (ARX)

ARX 13.80

+9.4%

3:59 PM EST

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To: Louis Cornell who wrote (225)	9/15/1997 3:40:00 AM
From: Kerry Lee	of 586

<<I consider $9 to be the breakout point, so I'm looking for $18 - $27 per share, depending on the holding period and the fundamentals as they develop. This is an inexact science, so my price targets are as well.>> Not to be overly critical, but you're stating the obvious <g>. IF fundamentals develop/improve over time, the stock price catches up eventually. Come on. Go for the gusto and try to predict a timeframe for $18-27. I heard from another TA person that since we broke thru 9, the next stop is 13 in the short term ( 2-4 weeks ). Agree or disagree? Another TA question..what has to happen for the technical indicators to turn bearish, ie what is the critical support level? 7? 8?

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