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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (2230)7/13/1998 8:40:00 AM
From: Brian Gross  Read Replies (1) of 13094
 
Jim,
VCR and CYI were both 13's picks a few months back, but have not heard anything about them since. I recall you picking up CYI in the 2's and it is now sitting at $4. VCR just bottomed out at 2 5/8 (just like you predicted it would) and jumped back to the $3 area last week. Both companies have earnings coming out within the next week (CYI Tuesday, and VCR next Monday) A poster on Yahoo said that 1700 of Go-Videos VCRs were sold on QVC this weekend, and they are getting ready to roll out their digital TV and equipment this quarter. Revenues should increase significantly. If you have a read on either one of these stocks, your opinion is much appreciated. (I sold the VCR at $3 last month and bought again at 2 5/8 on your suggestion).
Thanks in advance,

Brian
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