SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SSA (SSAX) BPCS/Client Server

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MAURICE J. SADOWSKY who wrote (441)1/25/1998 1:07:00 PM
From: kvogel  Read Replies (1) of 915
 
Maurice,
Main impact of Friday's breakdown was failure of uptrend line at 8 5/16 to hold. Previous test at 8 1/4 held and SSAX bounced to 9 1/2. Next support is at 7 and is not strong (was done on low volume). I believe fundamentals and emphasis on sales and marketing will help hold the stock above earlier levels at 4. As you have stated, products are leading edge and financials have improved dramatically since April when the low of 4 was made. Stock is short-term moderately oversold but one or 2 downdays would make it very oversold. Monday could be painful but I don't think we'll have to wait long for a bounce.

Karl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext