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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (2290)2/18/1998 6:18:00 AM
From: unregmarket  Read Replies (2) | Respond to of 2377
 
Myron - Re: VII
With >,= 50% of yesterdays volume higher than 12.75, isn't it safe to assume that some profit taking occurred along the way and VII is free to continue upward? I think the rest at 10 - 11 last week was sufficient to allow VII to shed some shorter-term skin and get to the 15 area before pausing again.
Thanks - Rick



To: freelyhovering who wrote (2290)2/18/1998 11:49:00 AM
From: James Strauss  Read Replies (1) | Respond to of 2377
 
VII

>>>Jim--Speaking of moving up on low volume, what about VII's move to new highs today with fair volume? It looks great long term, but is it ready for a rest? Myron<<<
**********************************************************************
Myron:

Based on the last 4 Qtrs EPS of .78, a P/E of 20 puts the price in the 15.00 range in the intermediate term...

Jim



To: freelyhovering who wrote (2290)2/20/1998 12:44:00 PM
From: James Strauss  Read Replies (1) | Respond to of 2377
 
CS... biz.yahoo.com

>>>News $250,000,000 contract Cabletron Selected By Agfa as Subcontractor
for $250 Million Medical Defense Contract<<<
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Myron and All:

CS is undervalued at its current price... It is a leader in its field of computer networking
products... There is almost 0 overhead resistance for the next 6 to 7 points to
the upside
...
This is almost a "No Brainer" trade for those willing to wait for the inevitable to
happen; an upside Breakout... It is also looking like a very good long term
investment...

BTW... Here is the kicker from the news release... "Added to the $250 million first
year contract are four one-year option periods totaling a potential of $1.25
billion over the next five years."


Jim