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Technology Stocks : Saville Systems (SAVLY)
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To: B Hewson who wrote (37)11/6/1997 6:56:00 PM
From: PMylnar  Read Replies (2) of 261
 
SAVLY looks like almost every other tech stock. Stock broke the 50 day moving average, spiked down on big volume in late Oct, rallied back to the 50-day MVA and rolled over. Most tech stocks look like they want to retest lower levels (SAVLY around $27.5/s), but everything I hear is that business is great and Wall Street esimates are too low. Don't know where the stock will bottom, but I expect it to be a leader off its lows. IMO. Good luck. Any ideas?
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