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Technology Stocks : INSS - International Network Services

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To: Digitom who wrote (418)2/1/1999 4:45:00 PM
From: David Rubin  Read Replies (1) of 446
 
Stock not acting well. I sold half at 62 before earnings and the other half at 55 last week. Average daily volume has increased and there is a lot of selling pressure. We are almost all the way back to the original breakout pivot point of 49.

If the stock does not find support above 48.5 there is a big risk of falling lower, especially if the long awaited market correction hits us. Despite the strong fundamentals, this stock is breaking down in a hurry.
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