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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (363)	2/24/1998 3:14:00 PM
From: ftth	Respond to of 1720

Mercy me! MRCY (Mercury Computer Systems) breaking out today on HUGE volume. Not much chart history to draw any firm TA conclusions from (IPO on 1/30/98). Up 22% today. Pru and Cowen initiate coverage w/ buy and strong buy. About 8 1/2 bucks a share in sales (PSR 1.2), 3 bucks a share in cash. Company designs and manufactures digital image processing solutions for numerous applications (see: mc.com ), and is branching into other areas. Too little history to take a large position in, but may be worth a small speculative nibble. Certainly couldn't be accused of being overvalued at TRAILING PE=15 as of yesterday. For the most recent reported quarter, revs up 46%, earnings up 77%. That's a nice PEG, even after today's move. dh

To: HeyRainier who wrote (363)	2/24/1998 3:43:00 PM
From: Joe Copia	Read Replies (3) \| Respond to of 1720

My "irrational" thoughts on NETZ. comments please: see Message 3518452 Joe PTG&LI !!!

To: HeyRainier who wrote (363)	2/24/1998 7:05:00 PM
From: ftth	Respond to of 1720

Did a little more fishin' today: COGIF cognicase.ca Nice numbers, excellent industry group to fish from, but mainly I liked the flag in the chart. Very constructive, tight pattern in the flag with very nice correlation to the volume. The pole had a very nice upward thrust progression, and the volume acted almost perfectly. Rainier, remember MFAC when it had similar technicals (and also fundamentals to back it up)? Remember what happened? I especially like stocks where their movements correlate so well to volume. Most stocks go thru such a phase, but it doesn't last forever. dh