To: Street Walker who wrote (794 ) 3/7/1998 8:24:00 AM From: Judy Helkowski Read Replies (1) | Respond to of 971
Just in case some only read through the first few rankings of Vector vest, here are some of the good things they had to say: I agree this move will probably not last long, but with the expectation of earnings next week, it may still go higher. From Vectorvest: RT (Relative Timing): RAYS has an RT rating of 1.72. On a scale of 0.00 to 2.00, an RT of 1.72 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. ETC. VST-Vector (VST): RAYS has a VST-Vector rating of 1.13. On a scale of 0.00 to 2.00, an VST of 1.13 is good. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks withlow RV and RS values have high RT's. How can we find the stocks with the best combinations of Value, Safety, and Timing? The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application. Recommendation (REC): RAYS has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price. VectorVest is tuned to give an "H" or "B" signal when a stock's price is approximately 10% above a recent low, and an "S" signal when the stock's price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC's, and sheltered from receiving "S" RECs. STOP-PRICE: RAYS has a Stop-Price of$ 8.10 per share. Judy H.