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Technology Stocks : Secure Computing - Integrated Network Security -- Ignore unavailable to you. Want to Upgrade?


To: GM who wrote (910)3/1/2000 7:13:00 PM
From: Mike Maxton  Read Replies (3) | Respond to of 930
 
Friday is just another trading day. But people are antsy,
unsure of what next week holds. As the Nasdaq keeps setting
new highs, more and more investors are leery of the bubble
we appear to be in. The last 3 Fridays have seen sell-offs
in many many stocks. And SCUR has not been exempt. The
data below shows information for the last 6 Fridays for
SCURs stock.

Date Open High Low Close % diff

02/25/00 14.6875 15.5000 14.6250 15.1875 3.4%
02/18/00 16.7500 16.8125 15.5000 15.7500 -5.3%
02/11/00 15.7500 15.7500 13.3750 15.0000 -4.0%
02/04/00 13.3750 13.5000 12.0000 12.2500 -8.8%
01/28/00 14.4375 16.0000 11.5000 12.7500 -23.9%
01/21/00 16.0625 16.1250 15.0000 15.3750 -3.9%

The percent diff column shows the difference in closing
price for Friday, compared to the previous Thursday. Last
Friday, SCUR held it's price, and has seen a nice run this
week. It may continue, but I expect to see more of the down
draft we have seen in 5 of the last 6 Fridays. I
personally would like to see the same type of action as
1/28! :) And note the low of the day for these Fridays.
Some show a wide range from the close.

I'm underwater today (congratulations longs) by a $1.5o a
share. May see a brief top of $20 on Thursday, but I expect
it to close down for the day. I'm looking for around $16
on Friday (or next Friday). If the stock looks to close
above $21 on Friday, I'll eat crow and cover.

mike maxton