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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: ALDEN HUEN who wrote (6978)	4/2/1998 9:01:00 AM
From: LastShadow	Read Replies (1) \| Respond to of 120523

RNWK and WGNR WGNR - This one I would have sold yesterday near close as the ask dropped. Set at stop no lower than 3.25, and if you can check the real time I would sell if it starts to go lower on successive bid/ask spreads in the morning. Volume has dropped off and the day looks pretty flat so far. I don't know what the news was that propelled it so far in two days, but without a strong up second day, profit taking is due to set in. RNWK - This one has nice strong chart, with continued up volume/price action. Set the stop at 31.00 and look for any reversal that may come if it dips below 31.50. its risend pretty high, and if you have a substantial profit on this one, I would even set the stop at 31.5 an drebuy if there is an intraday selloff. It shows a lot of end-of-ay strength for the last three days though, so I would expect it to coninue up until midday at least. However, it has climbed a lot in the last couple of weeks, and the gap at open yesterday could be a prelude to topping action. lastshadow