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Technology Stocks : Microlog(MLOG): Ready to Move?!
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To: Sergio H who wrote (211)10/11/1997 2:09:00 PM
From: Instock   of 595
 
This is NOT good News. Those who follow INNOVEST and/or Dow Jones will surely see this.
Please remember, this is just one companies view point. They can and have been wrong.
AT the time of our Write up, they were Bullish! The sudden price rise is probably the reason for the change.
They can change their minds back to bullish at anytime, but for now they seem to be Bearish.

INNOVEST

MICROLOG CORP. (MLOG)
CLOSING PRICE ON 10/10/97 - 8 3/8

TECHNICAL OPINION - MILDLY BEARISH
THE INNOVEST RATING IS TO SELL
THERE ARE FIRM TENDENCIES FOR A NEAR-TERM PRICE DECLINE.

INITIAL DOWNSIDE SUPPORT CAN BE EXPECTED
AT 6, NEAR THE 50-DAY PRICE AVERAGE.

UPSIDE PROJECTIONS FOR OVERBOUGHT ARE 7 7/16 TO 7 59/64.
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