Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (29123)	3/24/1999 3:31:00 AM
From: RTev	Read Replies (1) of 120523

Let me mention something as a question about whether folks see things like this worth as looking at: DGN (Data General) -- a name I responded to with "Hmm. They're still around, eh?" -- has seen extraordinarily high volume for two days, and even came close to surviving today's tech selloff. Its charts look OK, but not great, with a bearish MACD and resistance just above its current price, but bullish stochastics and a close right on the upper Bollinger band. It also has high analyst ratings. But here's the question: It sounds like all of this activity comes as a result of buyout rumors: Message 8463551 Since price activity in the face of a rumor rally seems especially risky, is it usually better just to ignore such things?

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