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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Walter High who wrote (9584)5/26/1998 8:19:00 PM
From: Minos  Read Replies (2) of 120523
 
Walter,

In the past I've seen DBD on your watch list. Today it got a severe haircut and has been in a tumble since earlier this Spring. DBD has some exposure to Asia and has cited M&A in banking sector and banks' need to address Y2K as problems that will impact revenues over the short-term. Do you think the sell-off was overdone, or do you expect DBD to find support in low 20s? Me...I think it will drift lower.

Any trader out there care to share a general strategy or rules for playing bounces, or do you just analyze them all individually?

-Minos
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