INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 22.76

+1.1%

Dec 15 3:59 PM EST

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To: John M. Hammer who wrote (2137)	1/21/1998 5:45:00 PM
From: Douglas V. Fant	Read Replies (2) of 3029

John, Yup, more evidence. Just more evidence today. INVX's reaction to its earnings release- indeed all of the DD and DD parts maker stocks suggests to me that the tech stocks generally are stabilizing now. Their chart patterns gernally confirm this trend too. Also I follow about 20 tech stocks on a daily basis. Of those 20, 19 have now in the last eight days tirned positive on their up/down trading ratios- just one technical indicator, but an indicator that suggests that accumulation of quality tech stocks, particularly the small/mid caps has commenced..... Unfortunately though I sold a Feb 22.5 call on my INVX stock! Don't go too high please INVX-ha! Good work you long positions.... Sincerely, Doug F.

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