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Strategies & Market Trends : Three Amigos Stock Thread

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To: lostmymoney who wrote (6)	1/18/1998 9:00:00 PM
From: Sergio H	Read Replies (1) of 29382

Mike, I like what I saw when I looked into OLGC. I'm going to check out the SI thread and see what the beef is besides the prior earnings problems. I do agree with Mike V. that this may not be the optimum buying time. Here's why. On Jan. 7th, Rodman and Renshaw put out a Strong Buy rating. The company also had a news release on the same day.http://biz.yahoo.com/bw/980107/orthologic_corp_1.html The volume peaked on 1/7 and has been steadily declining since, while the stock price is still climbing. It looks like a slight decline is due. The insider buying, consolidation of expenses in the recent acquisitions,new CEO, improving revenues and the succesful introduction of Hyalgan in July all signal that this stock is going higher in the intermediate term. Sergio Hambrecht and Quist put out a hold rating on 1-8-98. Check out: hambrecht.com

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