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To: Getcher who wrote (2367)3/25/1998 10:13:00 AM
From: david g.  Respond to of 3506
 
Getcher, why 17.5 as support? 16.5 or 16 are price points which have been hit previously quite a bit both on the way up and on the way down. Just curious? thanks.



To: Getcher who wrote (2367)3/25/1998 10:37:00 AM
From: Jamse  Read Replies (1) | Respond to of 3506
 
Getcher,

My sentiment exactly. I sold half of my position last week when Rubble did and will pick it back up when I get some kind of confirmation that this stock is going to continue it's upward trend. Breaking the 200 day moving ave was a biggy for me. I do see the resistance at the 17-17 1/2 level as a further test. As I see it, if it goes down I get more shares for less money and lower my cost average. I'm still in this for the long term.

I had another thought and that was to put some of the money into ORBI as a hedge in the GPS area. The only problem is ORBI has a lot of other things going on besides GPS.

The thread is real quite right now. I can't find anything out there that is news. I hope it's not the calm before the storm.

jamse