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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: sherlockgerlach who wrote (114373)	10/1/2000 5:15:06 AM
From: lee kramer	Respond to of 120523

Sherlock: At the risk of stepping on OJ's toes I took a peek at OPTI. Nice daily chart...shows a 6-week bottom prior to this week's pop up on volume. Looking at the weekly chart you can see a well defined trading range...3 3/4 to 8. And the monthly chart shows the stock has come down from 29 or so back in 1995. This week's action not bad for a sector that's currently out of favor...better still in a tough market environment. Looks like you can buy OPTI at the lower end of the range, sell it at the top of the range. And of course, if it breaks through 8, I might just hop aboard. (Lee)