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To: Zeev Hed who wrote (52437)4/5/2001 9:47:29 PM
From: Rutgers  Read Replies (1) | Respond to of 53903
 
I guess like most things, only time will tell...

should know by Tuesday if you were right. Having stated that, I think your TA is also off. What makes you think it is basing? Indeed, the stock was at ~ $33 only a few hours ago -down from a recent high of ~$49. Sure, it went up today (although, technically speaking, it closed weakly relative to the rest of the NAS). Most stocks went up today, but that doesn't mean that this tremendously overvalued one will continue to go up.

The fact that the stock goes up in face of such damning reports calls into play my old adage "when the FA and TA do not jive, believe the TA".

I agree with that adage as well; however, the stock actually went down in the face of those reports when they first hit the Street.