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Technology Stocks : UNPH _ Uniphase

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To: w2j2 who wrote (779)3/5/1998 11:20:00 PM
From: Ed Frye  Read Replies (1) of 1261
 
Brian Finnerty never misses a chance to tout UNPH!

<The price & volume movement looks like distribution to me. I think the big boys are taking their handsome profits. Be careful!

Thanks for the advice. Slope of 30 WMA is flattening - current price equals to price first reached 7 months ago - that is my major concern and may be a reflection of what you're saying - despite good volume price is going nowhere - but all large blocks seem to be buys - and FPE = 30 on a company growing EPS @ 50%/yr. Money Flow remains strong - and i see no bearish divergences in OBV. Stochastics close to oversold range and RSI = ~50.

<You will probably be able to pick up some xlnx at bargain basement price tomorrow, with MOT warning. good luck!wj

there will be more good buys tomorrow then we have money to buy!...ed//
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