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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: freelyhovering who wrote (4617)1/30/1998 12:19:00 PM
From: Carolyn S.  Read Replies (1) of 4701
 
"Carolyn S.-- What about TPRO now? Myron"

Myron - I'm long TPRO. I got shook out in late December, then got back in. My basis is high (around 6 - I was not very nimble). Last time they had news, they spiked up and then based a bit and fell back. They had news yesterday (alliance with a company to offer a more customized solution for power plant and utility y2k problems), and the stock spiked up. Down a bit today.

So - I'm long, waiting, etc. Still no breakout from the downtrending channel, but I like the increased volume lately on the upside. Earnings due out sometime in February I think, should be positive this time, but who knows. I wish they made more press releases. What do you think about TPRO ?

"The company's Y2K business continues to grow broadly. The present client base stands at more than 30 with new additions including General Motors, Medeva Pharmaceuticals, Kraft Foods, TRW, Pillsbury, Occidental Petroleum, UNOCAL, Cargill, The U.S. Mint and others. The scope of these engagements ranges from early, single plant pilots to multi-plant programs. The company expects the scope of these projects to grow as is consistent with its experience with its existing Y2K client base."

Carolyn S.
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