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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: John Chapman who wrote (3427)2/4/2000 9:48:00 PM
From: Stu Bishop  Read Replies (2) | Respond to of 3441
 
Hi John,

I still check for messages here, but I seldom post, because I usually get responses like "there's nothing more to say".

Well, don't look now, but this stock has been edging up since last June, with the exception of the short-lived spike up in September. The 50 day moving average is above the 200 DMA, and the 200 has recently turned upwards. Furthermore, the ascent rate seems more realistic and hence sustainable this time. Will it stick? I sense that the market is anticipating a resolution of the long running legal battle.

Maybe I'm just gullible, but I see a lot of potential gain here, and I've got relatively little invested -- about 2% of my portfolio. I figure eventually, no matter how long it takes, this investment will pay off. The longer it takes, the more it will pay off when the time comes.

Best of luck to you.

SPB



To: John Chapman who wrote (3427)1/9/2001 9:15:31 PM
From: Stefan  Read Replies (1) | Respond to of 3441
 
I am here but almost year later. AVNT has made a nice break out to new 52 weeks high and no one even notices it. The volume was great too. It seems like the stock always keeps P/E at 11 prior to earnings.


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