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Technology Stocks : EXABYTE -- Ignore unavailable to you. Want to Upgrade?


To: Dan Packer who wrote (125)2/9/1998 3:11:00 AM
From: Arnold Layne  Read Replies (1) | Respond to of 218
 
Dan,

You are welcome. I am not big into technical stuff either, but given the current price level, it might help one chose when to buy. Try this URL and check the 50 day moving average and the 10% bands.

cbs.marketwatch.com

Anyway you look at it, it seems washed out. I also think that getting knocked out of the S&P mid cap, when they were at a multi-year low, just as tax loss selling began really beat the hell out of the share price. It really does seem that the specs on their planned offerings for 1999 are 2 to 3 times greater than, what the current product lines offer. Also they claim to have written off everything they possibly could. Now if any thing goes their way, the price should move up. At these price levels, this stock has to have one of the lowest valuations out there!!!!!! Crazy!