APSG - Applied Signal Message Board

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Technology Stocks : APSG - Applied Signal

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To: Gregory DeMoully who wrote (747)	4/21/1998 12:51:00 PM
From: David Rubin	Read Replies (1) of 884

As attractive as APSG looks right now, I wouldn't go near it. At least not until there is some real support in the 12-13 range. I like the company's fundamentals and it is very tempting to think that it cannot go any lower. However, the chart is telling a story that we don't yet understand. I'm afraid some pending bad news may have sparked the sell-off -- news that is not yet public knowledge. Better to wait for APSG to find a new base than to jump in prematurely. If there is bad news waiting to be announced, it could easily send APSG back to single digits.

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