Vari-L (VARL) Message Board

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Technology Stocks : Vari-L (VARL)

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To: joe wiles who wrote (623)	2/19/1998 11:47:00 AM
From: Gregory DeMoully	Read Replies (1) of 2702

Joe, for VARL, the the 50 day moving average is currently about 8 5/8, and I believe that VectorVest has designated a stop loss if the 50 day moving average becomes failed support. I would tend to agree with you however regarding a buy below $8.40, VARL is not in a clear up trend at this time, and accordingly the 50 day moving average has less meaning. P.S., I added to my position two days ago at 8 3/4. It is of interest that VARL now has three "strong buy" recommendations, meaning that last week one analyst has raised a recommendation from "buy" to "strong buy". You can check this out on Yahoo Quotes -- Research. Greg

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