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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Ceez who wrote (273)11/1/1997 1:22:00 AM
From: JakeSki  Read Replies (2) of 595
 
I didn't think MLOG was effected that much by monday's sell off. If you didn't know about monday and just looked at the chart I don't think you would see anything extra-ordinary - except maybe a slight blip in volume.

Since its recent high of 9+ it has been steadily retracing. I don't think 6 is an unreasonable level - nor do I think if we see 6 that that is neccessarily a cause for alarm. But after Fridays strong upward move I would not be surprised if I am wrong - lets see how it pans out. I guess I figured that it was going to start back up, it would have started by now.

-- George
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