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Technology Stocks : MENTOR GRAPHICS
MENT 37.250.0%Mar 31 5:00 PM EST

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To: Judy Cohen who wrote (182)1/29/1999 2:28:00 AM
From: P314159d  Read Replies (2) of 376
 
Is it just me or is today's latest stock move a for real jiggle for the breakout this year ?

the last month shows the spike in the monthly stochastic ( a rare event) from very low levels! MACd is solid too. Divergences in the monthly MACD histogram and RSI. These are big positives.

Add to that the positive earnings and revenues for the current qtr and the mundane (8holds) analysts' reports. Are they accumulating? OBV is at best levels in years. Downside risk minimal.

I know its a drag for years, but the move to new highs looks imminent
and the chance of a multiyear breakout very real. With '99 earnings projections so low (like .50) when they should report at least 20 cents this qtr, I have to be a buyer.

Anyone else see through clearer eyes
than me?
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