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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: AD who wrote (62341)	5/6/2002 3:40:10 PM
From: Steve Lee	Respond to of 99280

ERTS: Seems to be at a decision point here about to break or hold support. Sometimes good to go long right above a point of multiple prior support but the lower short term highs as it approaches the longer term support suggests it could break. Then it might make a good technical short. However, ERTS is a good company with bright prospects even in the current economic environment. It doesn't directly depend on capex like so many other tech stocks, and it isn't massively overvalued.