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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: David Alan Cook who wrote (11650)1/31/1998 7:12:00 PM
From: RADAR )))  Read Replies (1) of 79263
 
David Alan:

Yep. Just took a look at TSSW, HNV, and MTEL. I do like the prospects for TSSW (Touchstone Software) with several new products (and rising revenues) on line. With the litigation cost chewing up earnings in the last reporting period earnings picture didn't look as pretty - but the future looks bright and the chart seems to be recovering. I like it for a possible purchase. HNV (Hanover) seems to be recovering with its new focused approach. The stock price already reflects a belief by investors that the recovery is working. If it does then the price should continue up from hear. A bit more risk to the downside if the turnaround doesn't work though. MTEL appears to have had a stellar year last year and has been in the recovery mode with steady stock gains since about February of 97. Has no less than 5 companies following it with a strong buy recommendation and 3 others following it with a buy recommendation. Wish I had heard about it earlier. Please send me information on them to my e.mail address. You can get it off my user profile if you don't mind. Any new ones you are watching now David?
Take a look at KF and TLK and let me know what you think of the timing. Volumes have been very heavy in both as of late and they look like a good low risk high reward play right now.
Radar
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