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Technology Stocks : ELECTROGLAS -- How far can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Matt Quigley who wrote (703)12/25/1999 7:03:00 PM
From: robert b furman  Read Replies (1) | Respond to of 1070
 
most stocks in this sector have been perfect BUY THE DIP stocks.Accumulate before the move sell as the move plateaus waiting for the 20 ema to catch up. Sooner or later the top will catch you wrong but get a few moves in and you'll do well. JMHO

Bob



To: Matt Quigley who wrote (703)1/13/2000 8:39:00 PM
From: Jerome  Read Replies (2) | Respond to of 1070
 
M.Q. EGLS at the current price offers some very decent option possibilities. Because the stock is recovering from a pull back the time premium going forward is minimal.

At todays close I would purchase the Feb. 22 1/2's which can be had for 3 3/4. A good earnings report could result in a rally to a new high.

For some reason EGLS has yet to rally in this strong market segment.Given the price of the options they may represent a better buy than the stock.( six contracts would equal the price of 100 shares).

Keep in mind what you paid for this advice.

Regards, Jerome