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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: Bob&Carolyn who wrote (4264)	12/8/1997 1:56:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 4701

TRIBY... >>>Has anyone done a TA or FA on TRIBY recently? I don't understand why it continues to move down after reporting such good earnings last quarter. Does anyone see any signs that it may turn around any time soon?<<< ************************* Carolyn: I agree, it's perplexing... The Fundamentals look good... The TA doesn't... The new Warner Lambert contract is also a plus... My guess is that either we don't know some negative fundamental factor that will become known soon, but is reflected in the TA... Or, there may be some genuine stock manipulation going on here... The next support levels are 1.75 and 1.50... After that 1.00... Why not call the company to get a feel for how they interpret the current market activity... If you walk away from the call with a good feeling, this may point to adding to your position at bargain prices... If you feel that there may be something negative lurking in the background after your call, bite the bullet and move on... Jim