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Technology Stocks : Quarterdeck: Making a Striking Comeback!
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To: Lawrence Burg who wrote (2881)5/11/1998 12:17:00 AM
From: Ron logo  Read Replies (2) of 3307
 
I do not see the weakness as most on this thread. I see a stock that is oversold. I'll tell you that some of the big players are buying this stock right now. They are all in the accumulation mode. knight sec is a big player in this stock and has been on the bid for the whole drop after the run to $3.00. herzog and mash are also fairly big on this stock they are also on the bid ever level as the stock begins to climb. I see the stock rising from present levels, on moderate volume. Watch for tsco on the bid he has alot of stock short at $2.375, he was a major seller into the run with 30+million volume. It is a good sign to see him on the bid now trying to cover some of his large short position, as a result it will tend to push the stock upward. I do not see this stock coming back to test the $1.375 major support area. I see a stock that will slowly trickle back upward as investors speculate that the stock will make higher lows. I love the longer outlook on this stock with investor confidence returning to this stock. Product and revenues improving going into the next quater. In conclusion I see Higher lows with continued upward bias. Best of luck to those long QDEK.....................RON
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