Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Dave Shares who wrote (7340)	4/8/1998 9:31:00 PM
From: LastShadow	Read Replies (1) of 120523

Rookie Dave - FPAM Well, ever since the 10 million share selloff day in early March this one has been heading down. 15 bucks may be its lower threshold, and there was some interesting consolidation from abut 10:30 on, but I didn't see an uptick or improving resistence that would tll me to buy yet. At a minimum it would need to clear 15.75 and preferably 16 to be in even a minor reversal. I'm not familiar with the stock, and even though there was a nice 50k share buy, I didn't see any othr large buys to say the big boys were buying back in yet. I'd hold off, but it is definitely worth watching to see if it falls through the $15 barrier or reverses. lastshadow

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