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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Rudy who wrote (9182)12/6/1997 11:13:00 PM
From: srvhap  Respond to of 13456
 
**1 Stock 1 Week*** long ANCR.

The stock has really taken on the chin lately (actually for a few months). I really don't see much downside from these levels. They have an entire new management team, new products, and Insiders just purchased some 22K shares right around these levels.



To: Rudy who wrote (9182)12/7/1997 12:02:00 AM
From: Brian Lempel  Respond to of 13456
 
Thanks for your opinion Rudy. I am very long on CREAF already, but will sell some other stocks if it breaks the 200 DMA (but not until it finds some support in the mid teens). CREAF is very volatile and has been known to turn on a dime. I'm just hoping that will be the case. If it can just make it until Thursday, I think the annual meeting should provide a boost, since they will likely restate that they are still on target for 10-15% revenue growth (translates to a 40% blowout of estimates).

Still appreciate your technical input, although I wouldn't consider selling at this point.

Brian



To: Rudy who wrote (9182)12/7/1997 10:03:00 PM
From: marc chatman  Read Replies (1) | Respond to of 13456
 
Here's another article on CREAF for those interested. The article talks about MSFT and others perhaps taking the standard away from CREAF (at least that is the story being put forward by some analysts). Oppenheimer thinks it may go down, but Rob. Stephens likes it for the longer term.

asia1.com.sg