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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (24151)8/16/2001 8:13:14 AM
From: Zeev Hed  Respond to of 30051
 
IMCL is a dangerous situation, if it breaches the $40/$41 area, it could rapidly go to $25. It is not one I would pound the table on (not many are out that I pound the table on <g>), and not the only stock I play that has bad fundamental (look at VLNC for a stock I have played a lot with much worse fundies). It is a pure technical play on the "hope" of their pipeline.

Zeev