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Technology Stocks : CPTL -- Ignore unavailable to you. Want to Upgrade?

To: Lucky who wrote (87)11/10/1997 8:32:00 PM
From: Froman  Respond to of 199
 
Current IBD ratings:

Relative Strength : 94
Relative EPS : 90
Float 4.4 million (low institutional ownership because there's not much there for them to buy)
Telecommunications Services Industry rated #7 in IBD
Listed in IBD as #5 NASDAQ biggest percentage rise in volume and IBD's 'Week in Review' section in the 11-07-97 edition

Probably 1/2 to 3/4 of that float has been turned over in the last two weeks with over 1/4 just in the last three trading days. This translates into more people in at higher levels which means support should be found well before it ever hits $10.

Fro (IMO)



To: Lucky who wrote (87)11/10/1997 8:57:00 PM
From: Elvis Jones  Respond to of 199
 
Thanks for the response. I wish I used AOL so I could check out the story over there.

Still, don't you think volume should dry up before you sold/short?

Happily Long CPTL,
Duke


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