Aeroflex (ARX) Message Board

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Technology Stocks : Aeroflex (ARX)

ARX 13.80

+9.4%

Nov 13 3:59 PM EST

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To: Tim Oliver who wrote (231)	9/18/1997 11:17:00 AM
From: MulhollandDrive	of 586

"easy money has been made" I think not Tim, the easy money will be made on the next breakout. The stock is trading exactly the way it did when it was under the first leg of accumulation. I got in at around 4 1/2, after seeing the increased volume. The volume dried up for a while and the price drifted lower. IMO this is what is currently happening. The stock has made a recent strong move on volume and is consolidating at current levels. Continue to watch the accumulation, even the volume was down and the stock drifted lower, it still had an "A" accumulation in IBD, there's a reason for that! As far as being a "better buy" at $5, I think those doing all the accumlating right now think the stock is probably undervalued, remember, it's future earnings we should be talking about here. bp

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