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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: jbkelle who wrote (16483)	7/5/1999 11:28:00 AM
From: Jeff Jordan	Read Replies (2) \| Respond to of 43080

LUMI Although it isn't the most attractive stock....I came across it as I scanned my earnings plays...If you notice since April the stock rose as sellers were happy to escape from it's Dec.-Apr. decline. Since mid-May it has been under accumulation. I am expecting a return to about 4 as earnings have shown an improvement last quarter. I do not see a break below 3.22, if this happens run. I am expecting the break to 4 since the sellers are gone. Apparently their desktop product is successful or this is simply a technical bounce...you choose. clearstation.com; Jeff