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Strategies & Market Trends : The picks

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To: Andrew Vance who wrote (2981)1/24/1997 10:03:00 PM
From: p. webster   of 6124
 
RE: CAMP

It ain't done. This was a top momentum play last year. I'm not totally convinced what caused the action today. I don't think that many people from this thread got in at the 5's (any that did, please e-mail me so I can figure this out). Something other than my analysis is going on. It could be: a) former momentum stock hits bottom and bounces b) streeters take money out of high flyers and need to put somewhere safe, like overly depressed tech stocks c) news about to be released (none today or in recent past) or d) big brokerage does research and determines higher than expected earnings to be released.
I'm kind of clueless here. If it's a or b, it will be a short term thing. If it's c or d, we're gonna rock and roll with this.

P. Webster
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