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Strategies & Market Trends : 1998 Magic 25

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To: Cornstock who wrote (100)1/1/1998 8:31:00 AM
From: RMP   of 116
 
Peg, I first was alerted to it via Individual Investor but was reluctant to buy because of it's recent move up. I was hoping it would retrace some. I decided to buy after the news of Intel's recent purchase. MSFT and INTC investing serious money indicates that this company has a good future ahead of it. Who knows, it may even wind up eventually being taken over.

Many of the Individual Investor stocks are "momentum" stocks. Any earnings disappointment or downgrade can have a major negative effect.
Two days ago a downgrade of TRMB resulted in the stock going down 3.
Remember Informix from last years magic 25.

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