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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (11351)6/29/1999 12:43:00 AM
From: TWICK  Read Replies (1) | Respond to of 52051
 
Thanks. Off topic. Surprised no one mentioned XATA today. Ok, I will....

Please note... This is NOT a recommendation or a pick.

XATA - Traded at 7028% volume (Today: 663,500, Daily avg: 9,440) Wow !!! Average volume of 9,400 and today...Booiingg

Closed @ 3 9/16 +1 9/16 +78.12% 663,500 Day's range 2 1/8 - 4 3/4. Wow. What a fun trade this one was on today's news. Easy in and easy out. Too bad I decided to pass up on it when I saw it go down to 2 1/8. The MM's faked me out once again. lol !!

Profile (look at the 5 year chart. Talking about bleeding slowly to death. lol! )http://www.stocksheet.com/goto/?Ticker=XATA

Short-term technical opinion on current price level I agree with (Scroll up once there):
stockconsultant.com

Today's news:

MINNEAPOLIS, June 28 /PRNewswire/ -- XATA Corporation (Nasdaq: XATA), a provider of onboard information systems to the fleet trucking industry, announced today that a contract was signed with the United States Postal Service (USPS) on June 11, 1999 to provide onboard computer systems, software and support for its fleet of heavy duty vehicles.

As the operator of the world's largest mail system, the United States Postal Service utilizes over 10,000 trucks out of facilities in every major city throughout the United States just to distribute mail to regional and local offices before final delivery is made to homes and businesses across America.

quicken.excite.com

Be careful out there. This one hit an intra-day high of 4 3/4 and closed at 3 9/16. Was this one day-traded ? I think so. ROFL !

Twick



To: Stock Watcher who wrote (11351)6/29/1999 11:18:00 AM
From: TWICK  Read Replies (1) | Respond to of 52051
 
As predicted, NASC - DLJ initiated it with a BUY. Who's next ? J.P. Morgan ?

Twick