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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)
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To: Ms. Baby Boomer who wrote (308)6/17/1998 2:27:00 PM
From: rod runyan  Read Replies (1) of 2365
 
Hello Len, Gator & Maria, Thanks for the posts. In the misery loving company realm it is nice to have some. I agree that NEWZ may well test its bottom again, but (imvho) my gut tells me that there may be a nice runup prior to earnings in July. Given the current market climate any good news should be well rewarded. I have been in and out of this stock 4 times in the last couple of months and am now about even overall. At this point the downside seems to be in the 7's or 8's and the upside in the mid teens barring a takeover or positive earnings surprise in July. Today's up move on decent volume might be a trickle down from the once again hot internet stocks. Good luck to all of us. rod
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