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Technology Stocks : SYQUEST

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To: Rocky Reid who wrote (4220)10/11/1997 3:08:00 PM
From: Ken Chapman   of 7685
 
Rocky, The old axiom, "Buy on the rumor, sell on the news", implies that we may have some more run up in SYQT until the COMDEX show Nov. 17th. The show runs 10 days, so we should have 5 to 6 weeks of interesting trading possibilities. I'm long now, and may lock in my profits on any sign of weakness. I'll be watching closely Monday, and exit if it hits 6. I can't see the stock rising above 10 before COMDEX, but who knows? The "herd mentality" buying spree could continue. Any thoughts? KC.
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