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Technology Stocks : Vicon Industries ( VII )
VII 0.206-24.6%Jul 11 5:00 PM EST

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To: Hank who wrote (44)3/11/1998 5:14:00 PM
From: Neil Kalton  Read Replies (1) of 118
 
I think the buyers will step in when this thing drops to the 50 DMA which I think, not coincidentally, is in the $9-9 1/2 range. This range should provide good support as was displayed today. As for upside, I don't see this one doing too much until the secondary is pushed through (I assume sometime before the end of March). After which, if next quarter earnings are once again solid this one should resume its uptrend to the $16-20 range.

-nk
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