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Technology Stocks : Compaq

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To: hpeace who wrote (15795)1/31/1998 7:24:00 PM
From: Jorge  Read Replies (1) of 97611
 
Steve.....I found it....SMOD actually looks like a very decent stock to acquire and hold for awhile (maybe even short-term, or long)....It has a consensus of Strong Buy, with the analysts having only 1 penny difference of opinion on their most recent Quarter's earnings (to be reported Feb. 20th) - I have discovered the closer the analysts agree the more reliable/predictable a positive Earnings announcement.......As far as a chart pattern it looks like it has found the bottom and is on the way up, with a resistance around $32....It's on the way up from a fairly decent consolidation, the longer time the better....I looked at the fundamentals (briefly)....looks like a growing business.....I'm not that much of a risk taker but it looks like something I would stay away from on the short side........What are you thinking with the Puts?..........George
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