XIRCOM (XIRC) 5/16/95 @ 16-1/8 Message Board

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Technology Stocks : XIRCOM (XIRC) 5/16/95 @ 16-1/8

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To: Raymund W who wrote (881)	9/1/1998 6:48:00 PM
From: ItsAllCyclical	of 1096

Raymund, obviously I didn't predict that the market would crash. However, xirc was way ahead of it's 50 and 200 dma's at the time and somewhat overvalued given other stock's valuations (Picked up MRVC at book). I think xirc is going to struggle technically for a while. I'd sell if it get's above 20-21 and wait for a pullback before buying again. I plan on establishing another short position if it goes higher than 20. I'll let you know when I think the rally has pettered out. Right now I have no position so for your sake (and mine) I hope it rockets back to 25. Thanks for not abusing the short seller...

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