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Technology Stocks : EAII-Engineering Animation

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To: George Lipper who wrote (30)2/1/1998 1:12:00 AM
From: Twizlre  Read Replies (1) of 98
 
I've started following this stock on the 16th of january because the chart looked very good. After doing a quick DD I mentally set a buy at 47 on strong volume. It hit that almost immediately ( not really strong voluume ) but then pulled back again. Then this week started up again on higher volume....Will it pull back again? Or take off to new high? The recent news has been great with not alot of profit taking. So it seems the Longs are holding but new investors might be scared of the high PE in this current market. Though projected growth seems to be in support of this PE. I might pick up a small position ( 100 ) shares and see what happens.

cheers
tim
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