Santa Cruz Operation (SCOC) Going Up? Message Board

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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?

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To: D. K. G. who wrote (367)	2/28/1999 9:49:00 AM
From: stan s.	Read Replies (1) of 656

Denis..I'm looking at the chart now. The positives are it's still trading above the major moving averages....and has picked up a few recent momentum indicator buys. Those indicators have often fizzled in the past with SCOC (common in stocks in this price range) so although worthy of note, no reason for excitement. My own personal "buy" signal has not yet kicked in but is close...will take a strong up day to trigger it. I'm speaking of short term...medium term still shows it a buy, but lacking conviction. On the negative to neutral...it broke out of a strong upward trend in mid February (started in mid January) and appears to be basing (bollingers have narrowed by 50%). So overall a slight upward bias...nothing yet to bet the house on....3 days of interesting volume the last couple of weeks....the consensus is what?....that SCOC is buying back shares from NOVL? Off topic....you might want to research WIND a little...interesting story... Good luck, Stan

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