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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Duke who wrote (2287)2/18/1998 11:20:00 AM
From: James Strauss  Read Replies (1) of 2377
 
ESON...

>>>Jim and fellow 56ers: I would like to draw your attention to ESON, a medical devices stock that reported earnings today. Initially, the results may not look too good because of expenses and charges that won't recur; beyond that, there are some promising results. Also, the company announced a (small) stock buy-back program, and last year there was insider buying slightly below current levels (around 10).<<<
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Duke:

ESON looks like it is about to break out of a Reverse Head & Shoulders formation to the upside... A close above 10 1/8 could take it to 11 1/2 in the short term...

Jim
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