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Technology Stocks : Paychex (PAYX) -- Ignore unavailable to you. Want to Upgrade?


To: Loren who wrote (71)1/1/1998 7:23:00 AM
From: Doo  Read Replies (1) | Respond to of 210
 
Loren: Agreed, make it show some weakness, but on volume or in violation of some technical indicators you prefer to use.

Yesterday was a nice potential beginning to the type of correction I like to see. Declining volume from the prior day. We can't and won't go up everyday, some will "value" this stock and conclude "it can't go any higher", some who have just jumped in for the run will dump it to take the short term profit. Once they are all gone, and if the volume continues to decline, the real buyers who set this breakout in motion will return and drive it back toward it's all time highs or higher.

Jeff



To: Loren who wrote (71)3/18/1998 3:36:00 PM
From: Beltropolis Boy  Respond to of 210
 
i'm beginning to wonder if cnbc is a payx client....

here's another couple of multimedia links (featuring tom golisano) coming on the heels of the 3q announcement. once again, the first is real audio and the second is netshow. for those without the plug-ins, the last is the transcript.

msnbc.nasdaq.com

msnbc.nasdaq.com

mktnews.nasdaq.com