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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (11012)1/30/1998 3:13:00 PM
From: Trader X  Read Replies (2) of 17305
 
My First Pick of the New Year. CRYSF.

weekly chart:
chart4.bigcharts.com:80/chart?time=9&freq=2&uf=32&lf=4&type=4&style=3&size=3&maval=10&state=0&compidx=aaaaa&symb=crysf&ma=3&comp=&trans=0&r=chart&sid=21149&sec=c&xyz=53370922&s=13948

I had to get one in before January expired, so here goes. This is also my first pick since XCIT in DEcember at $30.

daily chart:
chart4.bigcharts.com:80/chart?time=7&freq=1&uf=32&lf=4&type=4&style=3&size=3&maval=10&state=0&compidx=aaaaa&symb=crysf&ma=3&comp=&trans=0&r=chart&sid=21149&sec=c&xyz=53950797&s=19479

while there's some overhead to overcome at $26, the price is also sitting at the bottom of the channel and offers a good entry right here. I'm not going to pick a target price, because I feel that anything I write will be too conservative. Let's just say i'll review the target as it moves up, showing it's true intentions then. The 52 week high is $33, and that will be taken out uncerimoniously.

current price is $23.

-Kevin

ps. I AM buying this at $23, in case that matters to anyone in particular.
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