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Technology Stocks : TSRI - will it surge again?

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To: stockvalinvestor who wrote (6)3/12/1997 8:27:00 PM
From: Alec Epting   of 102
 
Are you sure it split? Doesn't look like it from the chart. I still see 50 intraday.

The stock hit 50 back in December when the entire sector was on fire. The interest in this sector started off as a SOES bandit play on ZITL in the low 20's. Then rumors started circulating that George Soros was investing in ZITL. ZITL rocketed to 72 before the rumor was dispelled. It took the entire sector with it. When it crashed, the entier sector crashed, including TSRI.

I don't see any news which justifies this breakout. Appears to be on light volume. From the chart, I can't see the stock breaking through resistance at 25.
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