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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Joe King who wrote (4748)1/14/1998 4:01:00 PM
From: LastShadow  Read Replies (2) | Respond to of 120523
 
AKLM - JoeKing

Nope I saw it when I got back into the office, but not terribly worried. I entered too early and should have waited - there was a tremendous amount of accumulation that brought it back up afterward. I'm sure the technicals will look like garbage tonight, but I am still long on it. I didn't bother to set a stop as I figured it was good for a 3 month hold anyway. The 10Q they released was depressing, talking about everything from delising to loss from revenues and why the 32 an 64 bit arch were not as profitable as the 16 bit, etc ad nauseum. I'll have to figure out what to do tonight.

On the other side, my short of GERN at 16.625 is playing well. It went below 14 at close and expect it too keep dropping tomorrow. Anf IIT continued up and has more momentum left in it. That actually surprised me though, as I figured the volume would slow some by now,
but hey, in this case I don't mind being wrong...

ls