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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?


To: Dana Johnson who wrote (996)2/2/1998 4:49:00 PM
From: Jason Chesshir  Respond to of 1119
 
From a techincal view, the drift was somewhat expected considering there was a gap to be filled. That gap was filled yesterday and should serve as a new support. Second RETX has a history of moving prior to the summit. We should be trading in the 5's this month.

good luck traders.



To: Dana Johnson who wrote (996)2/4/1998 12:41:00 AM
From: Adam Smith  Read Replies (1) | Respond to of 1119
 
Dana

Notice the option activity last couple of days. Huge volume on
the April 5's. Looks like professionals buying big blocks of
5's. I bet someone put down 50-100K on a big move before
April 15th. Odds are RETX has a big contract up their sleeve
or an analyst is coming out with a recommendation.

I'm still holding. This stock should have a value of 10+ based
upon 25MM year and sold growth in earnings.

Good Luck

Adam