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Technology Stocks : TLAB info?
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To: Stonehenge who wrote (2152)2/21/1998 8:34:00 AM
From: Mike  Read Replies (1) of 7342
 
I think purchasing TLAB is a great long term decision. If you are looking at long term go ahead and purchase on a cost average basis. If you are looking at a short term watch out. This baby has swings that could catch you.

At the level of $58 1/2 we are currently at the top of the trading range. I am not a TA person but do watch the trading on the stock very closely. My last purchase level was below $50. I have quadrupled my position at levels below $50. I am looking at purchasing another block of the stock if it drops below the $57 level.

Do further research to feel comfortable with the stock but long term prospect IMHO are great.

Mike
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