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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (6302)3/21/1998 12:27:00 PM
From: LastShadow  Read Replies (2) | Respond to of 120523
 
NETA

Well, AT, I don't know what to tell you. I personally would have thought the announcement on their new 128 bit encryption strategy would have helped them out some. The last couple hours of th day was really interesting, though. After the drop it rose to 64.5 or so and it looks like everyone who set a stop after accumulation at that point had their shares grabbed by the mm, or were punished for selling at market on rising lows. You don't see that kind of chart action with a rising bid/ask unless the stock is going to gap back up, or at least move up hard. Hang on for the ride - I wish I'd seen the drop Friday, I would have bought.

lastshadow