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Technology Stocks : ZORAN jpeg/dvd moguls

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To: B.K. Ohneis who wrote (1256)6/6/1998 11:59:00 AM
From: Beachside Bill  Read Replies (1) of 1486
 
This is not a new low. On 5/18 the low was 10 1/4 and closed at 10 1/2. On Fri. support held with a close of 10 5/8 and a low of 10 1/4. The stock has reached daily support and SAR. 10 1/4 was the lower standard error band value.

Truth time this week. Safe money will wait for a momentum move, while riskier money will go long at support.

JMO
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