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Technology Stocks : OPTEK TECHNOLOGY (OPTT)
OPTT 0.510+2.0%Oct 31 9:30 AM EST

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To: Jack Kunkle who wrote (20)6/26/1998 11:41:00 AM
From: MonsieurGonzo  Read Replies (1) of 30
 
Jack; RE:" OPTT and GM "

>According to their latest 10K Optek receives 13% of their net sales from GM... :-(

Thanks for digging that out for me, Jack. Fundamentally, the company appears under-valued. Technically, the stock's DownTrend is intact; I've got its near-term support at ~17.75 +/- 0.75 and then 14-15 area.

These small-caps are having a tough time of it in this market.

-Steve
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