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Technology Stocks : Aladdin Knowledge Systems (ALDN)

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To: Gregory DeMoully who wrote (216)3/2/1998 8:48:00 PM
From: Julio P. Antelo  Read Replies (1) of 351
 
Greg, I agree.

"If we close below $11 3/4 tomorrow, we could be in big trouble. If you like ALDNF at $12 you are going to love it at $10. I wouldn't
recommend buying till we find our new base."

As I see it, the next support level is 11 7/8; if we manage to hold there, or above it, on a closing basis we may be OK. Otherwise it could be an easy slide down to 10. The stock is way oversold here, but until there's a basing formation there's no point buying more, IMO.
Julio
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