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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Vincent Yaffnarro who wrote (5384)	11/10/1999 11:05:00 AM
From: James Strauss	Read Replies (2) \| Respond to of 13094

VRTS... Vincent: VRTS has a great looking chart... siliconinvestor.com This weekly chart shows a vertical move up during 1999... Many times a stock will pause and move sideways in a trading range after such a sharp angle ascent... Next year's EPS est is .97... That gives it a forward P/E of 118... Pretty pricey for a stock whose earnings are expected to grow 33.40% next year... biz.yahoo.com Even if they doubled that earnings growth, the P/E would still be almost double the growth rate... Conclusion: You can give this some room to fluctuate... I'd set up a warning signal if it drops below 100.00... I'd sell if it drops below 88.00 which sits on the 50 day Moving Average... Otherwise keep riding it... Jim