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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: Sergio H who wrote (1250)1/4/1998 8:58:00 PM
From: Dave H  Read Replies (1) of 2377
 
Sergio,

Sorry the report was late -- (you know I had written it on time though, right? ;))

Yes, I feel that anyone looking to buy should enter this stock on a breakout through 16 1/2 on volume. Until then, it *is* a risky play, as Doug, Peg, and even "Christopher" have pointed out. A breakout through 16 1/2 IMO would almost certainly bring the stock to the 20 level, so waiting for the breakout isn't going to lose you much (especially since the stock closed at 16 3/8 on friday!)

I'd also like to thank the rest of the SWAT team for some great FA work!

dave
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