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Technology Stocks : Raptor - Where does it go NOW?
RAPT 33.64+7.8%Jan 9 3:59 PM EST

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To: Ben Wong who wrote (563)11/12/1997 3:40:00 PM
From: Bosco  Read Replies (2) of 652
 
Ben - with DOW at 7,400 support (retest 7,200 or 6,900 possible) and NAZ below 1,600 support (retest 1,480 possible,) and we are in a some sort of a tech bear mkt, RAPT will not fly, especially it has such a hi p/e.

if you are not on margin and ve faith in the co, it helps not to watch the day to day. Just my 2c.

Btw, many of my tech stks ve formed new lows, and RAPT turns out to be a better (not good) performing stk right now

rgds Bosco
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