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Technology Stocks : Stock Swap

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To: Trader X who wrote (16272)2/26/1999 12:27:00 PM
From: Yiqun Xie   of 17305
 
Trader X,

May I have your opinion in SVRN? Here is a chart:

iqc.com
period=180&chart=candle&chart1=bb&time=day&i0=2&i1=3&i2=4&i3
=6&db=&s=log&symbol=svrn

MACD is about to cross zero. Stochastic is low and rising.
I am expecting SVRN to rise but I am still in the learning
curve of TA.

Fundamentally, the earning was $0.27 for last Q. EPS has
been growing 17% annually for the past 5 years. With the
merger rumor around for more than one year, it could be
bought anytime. Even without takeover, the current stock
price is low compared to its EPS growth rate. In the past
10 years, the stock price has been rising at average of
42% annually.

It is holding steadily in the storm now.
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