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


To: Tech Master who wrote (623)3/13/1998 4:51:00 PM
From: Robet Butkus  Respond to of 1673
 
The one thing I have learned is NOT to LOVE ANY COMPANY!!!
That only gets one into trouble.

I NEVER believe what they say, since most have an agenda.

I trade, pure and simple, which requires alot of information
on alot of companies...

When everyone is ephoric, the sell button gets pushed....

I will rebuy, but not for awhile...

Good luck...



To: Tech Master who wrote (623)3/13/1998 4:54:00 PM
From: Robert Florin  Respond to of 1673
 
It may have done so today. Too many nervous longs saw resistance at 3.875 and when it lingered in the 3.5 region, it prompted many to reduce its value 1.5 out of a 2.5 point stock rise. THat is about your average retracement. Note the buying at the end of the day. The stock retracement will set the stage for a further advance on Mon when people have a chance to digest the move of the past week. Count on a lot of volatility as new and unweathered investors in IRSN overvalue the current worth of its interesting but as of yet commercially undeveloped technology.

Robert B, congratulations, your timing has been excellent.



To: Tech Master who wrote (623)3/14/1998 9:33:00 AM
From: Tim Waldron  Read Replies (2) | Respond to of 1673
 
Come on! Think about it. This stock just took a huge correction. Similar to when a stock spikes up there is profit taking and the stock goes down. In this case the stock and plumeted and now there will be an influx of buying in at a great discount. Many poeple were saying that they were waiting to buy this stock when it corrected. Well it just corrected! I am sure we will be up next week.

Again don't forget the size of this company and what a 2.5 million doller order represents on the financials. Think about this for a moment... They just reported a great quarter and now at the beginning of the next quarter they have allready earned the same numbers of the previous quarter plus they and many months to impove on that yet again.