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Technology Stocks : ZENITH ELECTRONICS

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To: Chris Alexander who wrote (471)5/15/1996 3:16:00 PM
From: Sabrejet   of 578
 
I haven't looked at this issue today but the small volume and spread (as of yesterday) gives us time to look into it. As for AOL, I believe the numbers read on that form. I show it's overbought and momentum is now declining with some "force". The current market trading the last two days is very, very dangerous. (geez I sound a bit bearish...YUK!).

I know this, I wouldn't buy this issue (AMER) if I used your money!(and I own IOMG!). I may be wrong in the very short term but give this a week or so. When profit taking hits then I'll take another look. It has fallen a bit already(from 69?) but this issue is now pushing it's very small support levels. I traded this from 45 to 55 and didn't sleep at all! When companies started talking "unlimited" access, I got out!

I could be wrong though!!:]

Rich
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