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Technology Stocks : ZOOM : is the Best / Most Underpriced Stock on Nasdaq

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To: Dorine Essey who wrote (1796)12/13/1997 9:29:00 PM
From: Zeev Hed  Read Replies (1) of 2493
 
Dorine, I think that ZOOM might have turned the corner alright. I expect a retracement possibly as low as 6.375, but then we could challenge 8 by the middle of January. After that we may have some stagnation because the whole tech market will sink, IMHO.

I am still waiting for confirmation of the positive trend (holding 6.375 or better on retracement early next week) before I jump back in. ZOMM has been very good to me in the past (a trip from 6.5 to 21 about two years ago), so I expect it to be a good one again.

Zeev
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