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Non-Tech : AutoZone (AZO)

AZO 3,678

+0.5%

Nov 6 3:59 PM EST

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To: ariel bentolila who wrote (65)	2/7/1997 1:58:00 PM
From: evan balter	of 163

Don't forget that there are big players who now hold the stock. So any large transactions can be expected. Unfortuantly this means more volatility. Regarding the technical analysis, according to Innovest on Dow Jones News Service AZO they are bearish on Azo and see overbought at 23 and oversold at around 18. Tech. Anal is only part of the equation, it does not factor in actual events, i.e. bad weather upgrades/downgrades. The bad weather in the middle part of America is great news, for us investors (I live in "sunny" L.A.). Last I looked AZO was up a buck. If AZo can hold above 21.5 and has a good earnings report we might get back to the upper 20's. Who knows Evan

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