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To: drsvelte who wrote (10639)11/21/1999 8:55:00 AM
From: The Ox  Read Replies (1) | Respond to of 14427
 
Let's see. Steve mentioned TERN not long ago and I mentioned ETEK lagging JDSU/SDLI just the other day. Hey Doc, maybe this guy is reading our thread? <g>

As to EMLX, I need to go over the chart. Was watching the action a little last week but really didn't track it in detail after I bailed on my short. I was very glad that my initial TA worked even if I didn't have the faith to hold my short long enough to see it come to fruition.

EDIT: Here's a chart with EMLX, ANCR, LGTO and MTIC. I think EMLX's meteoric rise looks to have resulted in a blow off top. The stock at it's high was up damn near 4000% from when I first started looking at the issue about 2 years ago. While undervalued at the time, I can't help but think this one is still too pricey. Haven't dug deep into the fundies lately so my thinking has little basis in real facts. Hard to tell but my initial read is more weakness. Hope this helps. Normal disclaimer: no position at this time and just my opinion....

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