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

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To: louis deptula jr who wrote (33917)4/14/1999 9:11:00 PM
From: Northern Cougar  Read Replies (1) of 120523
 
Louis a surge in anything is hard to predict at this time. Like they say when the tide goes out all the ships go down.. I'm still holding SVRN because I think its a better bet and more significant than ATLB that I sold today and lost 3pts, or FLBK which I never had and was a pure momentum sympathy play yesterday on sketchy news that coincided with NTBK meteoric climb that day. Read the following and you'll see that a couple of analysts have changed their advice on SVRN, one of which Goldman Sachs put out two messages one a reititerated buy in the morning as reported by Maria on CNBC before the open , and then changed his rating to outperform (less than buy) in the afternoon. Around the same time another analyst downgraded SVRN to hold. I didn't see those afternoon ratings when they came out but obviously that's when the stock broke down under 16 1/2.
fnews.yahoo.com
I'll see what the morning brings after the dust settles.
Good luck N.C.
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