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Technology Stocks : Aavid Thermal Technologies (AATT)
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To: Buckfa who wrote (111)1/7/1998 9:56:00 AM
From: Lenny Ehn  Read Replies (1) of 185
 
AATT is one of the few techstocks I follow whose price has moved above the downtrend line which began in October. IMHO, this is very bullish. However, my read of the chart shows considerable resistance at about 28. So, although I'm not a TA expert, I don't expect a lot more upward movement in the short term. However, the longer term potential for this stock still looks promising. As electronic devices continue to get smaller, the problem of heat dissipation should also continue to grow, leading to increasing opportunities for Aavid.......

Good investing,

Len
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