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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (33360)	7/16/2001 10:48:03 PM
From: LemonHead	Respond to of 69835

Hi RTS, It just seams to me that when they report their earnings, the street sends them to the showers. But when the majority of earnings for the industry are finalized, they shine almost immediately. Thus the price of the stock appears to recover quickly after each reported earnings. Yes I read the info. I thought the positive items where as follows (from memory). Additional cash (total now around 1.2B plus). Cutting expenses, I believe 9% (I know revenues have decreased more). A positive and finalized acquisition. Sales of the higher end products. Negative was the industry in general. Thus pulling the good down with the rest of the herd. I know this isn't much to go on, but what else can I use to judge them with? Where do you see resistance & support with the SI Chart I posted? FWIW Keith