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: Peter O. who wrote (7558)	4/13/1998 10:58:00 PM
From: LastShadow	Read Replies (2) of 120523

EFII EFII was overvalued at 50, at last the funds that dumped 30 million shares thought so. It has a local floor of 21, and looks like it might touch that again. however, its bouncing off the lower Bollinger Band and the stocchastics are looking a little better, even though the rlative strength and money flow turned south today. My guess would be Thursday or Friday. Tomorrow might be a flat day, bu even if its up, it probably won't help EFII that much - at least not in a sustainable sense. By end of week the markt should have decided which way its going and that will hold true for this one. lastshadow

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