Cerprobe (CRPB) Message Board

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Technology Stocks : Cerprobe (CRPB)

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To: raefon who wrote (135)	3/29/1998 1:18:00 AM
From: Herschel Rubin	Read Replies (1) of 201

Raefon, I talked to the company and earnings will be announced on April 21st. Seems like the recent upward move can be attributed not only to support from Red Chip Review, but also this week's favorable words by Intel (large buyback) and Microsoft gave all tech stocks a nice boost this week. I suspect in the weeks before earnings are announced, another buying opportunity will present itself. Currently CRPB is in an overbought condition coming off its recent lows (from a Fast Stochastic perspective). Volume has also been decreasing showing waning interest at these price levels. If the markets take a minor hit in the next few days or weeks (which is likely, given the recent rise), it could bring CRPB down somewhat in sympathy. Negative earnings reports in the semi industry may also be forthcoming. After that, it should be smooth sailing. Long term, this one looks good IMO.

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