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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LAWRENCE C. who wrote (29041)	9/17/2002 6:16:08 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

Larry You are no dummy when it comes to trading. On a very short term basis (3 month chart) I'd tend to agree with you, however, there will be some difining support to the stock somewhere based on a horizontal line being set on the extremely oversold condition of the stock. Be that at 8.00 or 5, at this point is an unknown. siliconinvestor.com I'd bet on 8.00 as the being the line of consolidation presently forming. The S and P is selling at approx. 21 times trailing earnings (just about where SEBL is right now). A turn in the market could take the stock along with it as well. There is a gap at 11.00 that will get filling as well as one at 15.00 that could get filled, longer term. Ken