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Technology Stocks : ADSP - Ariel
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To: Tim J. Flick who wrote (1177)3/12/1998 7:42:00 AM
From: Anthony Wong  Read Replies (2) of 2263
 
<the recent runup is not an aberation>

I agree. Recent stock action would suggest that this is only the beginning. After some back and fill, I expect the stock to resume its uptrend. This time around it seems that management has been much more circumspect. The following John Bollinger's TA site rates ADSP's performance as a 4 and potential as a 1 (the highest).
equitytrader.com
Click on the performance bar and you'll get the following:
Date: 03/10/98
Close: 9.69
52 Week High: 11.13
52 Week Low: 5.25
50 day moving average: 7.51
Point and Figure: Buy
Parent Potential: 2.00
Persistency of Money Flow: 54.40
P/E Ratio: 0.00
Market Capitalization: 0.00(in millions $)
Potential: 1.45
Those interested in TA could go back to the home page
equitytrader.com and click "Welcome" for explanations of the various terms.

I too expect more OEM contracts to come.
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