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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2401)8/21/1998 8:21:00 PM
From: nord  Read Replies (1) of 3067
 
well all said and done. big sell off then nice recovery on big volume. my take is the same. old shares hit the market fresh money likely institutional came into the stock today. if we get upgrades and market stabilizes the company should rebound. unless there is more than meets the eye the company is now focused. nice rev and earnings considering the asian slowdown.given current growth and earning it should be at least a 6 dollar stock. if you believe as i do that they can acclerate earnings that is probably on the light side. today the volume was over 2 times normal daily volume.ie a nice start.
norden
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