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Technology Stocks : SatCon Technology (SATC)

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To: Cabrina Dieters who wrote (179)4/24/1998 12:02:00 PM
From: caret  Read Replies (1) of 440
 
Here is a recent (dated today) Yahoo Satcon thread note of interest:

"Today's low of 10 1/8 is an extremely important technical point. Considering the recent high of just over 14 and the cyclical low of just under 6, today's low represented a perfect 50% retracement. It also reached a strong support zone. In the absence of bad news (of course) SATC is a strong classic technical (and fundamental) buy here. Pull the trigger, enjoy the recovery."

Any thoughts?
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