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Microcap & Penny Stocks : ALLIED RESEARCH- ALR ... WATCH FOR A BIG MOVE!!!
ALR 50.990.0%Oct 19 5:00 PM EST

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To: Chris who wrote (153)12/20/1997 10:44:00 AM
From: gregory a weaver  Read Replies (2) of 227
 
Any thoughts on ALR at these levels? It's looking tempting on a technical basis--almost back to the trend line (about $11.50 or so).

Luckily I sold out most of my stock at $15+ mainly due to technicals (top of channel) and fear of a bad reaction to the sequential EPS.

I couldn't bear (no pun intended) to let it all go though. ALR has been too good to me to totally sell out. With Saddam aching to get bombed again (not a question of "if" but "when") we should see a pop from that.

The only reservation I have is the Y-O-Y comps for Q4. Last year was a huge number, one which I doubt we'll beat in '97. Any opinions out there? This thread has been pretty quiet lately.

Greg
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