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Technology Stocks : Novadigm - Opinions and Knowledge Welcome...

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To: Step1 who wrote (6)2/3/1997 5:24:00 AM
From: mike fredricks   of 135
 
true the company is having financial problems, but the product is excellent and it is only a matter of time before the revenues and income begin flowing in.

From a trading perspective, as i had mentioned in my earlier thread replies, this stock trades in a range. i have already trader it this year as i bought at 6 and sold at 7. That is a 16% return. Most recently it hit 5 which is its low and climbed up to 5 3/4,which is a 15% return. it has support at 5 and resistance at 7-7 1/4. i would pick some more up below 6 because you can get out at 7 plus with a double digit return.

mike
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