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Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?

To: SLOJET who wrote (651)1/12/2000 10:50:00 PM
From: Mike E.  Read Replies (1) | Respond to of 2005
 
I have been trying to figure a good entry point. Anyone have an
idea on where it will turn around ?

Please take this for what it's worth (which ain't much).

This stock has left "gaps" in the chart all the way down to $1 something. Unfortunately for the longs, it broke weak support at 8 1/2 and looks to be heading to at least fill the nearest gap at 6 5/16. Looks like the next support level is 5 3/8 should it go beyond the gap.

I'm considering buying TRAC again if it hits 6 1/2 but I will reserve some of my "TRAC money" to buy more should it continue to drop.

This one is definitely "interesting".

:+)

mike



To: SLOJET who wrote (651)1/13/2000 12:24:00 AM
From: Investor Clouseau  Read Replies (2) | Respond to of 2005
 
I agree with Mike, I'll start buying again at around $6. I'm still very confident in my original $100 price target which is now $25 (unless they split again). If they come through with all the things planned for their OLB, it will easily rival E-Trade for features and surpass them for useability and business model. This does not include the data part of the business; which is expanding worldwide.

:)
IC (JMO, not a buy recommendation)


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