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Technology Stocks : CHRZ - What is the near term outlook? -- Ignore unavailable to you. Want to Upgrade?


To: Guardian who wrote (75)4/8/1998 7:53:00 PM
From: Intel Trader  Read Replies (4) | Respond to of 443
 
I'm in today at 41 3/4 because CHRZ is OVERSOLD. CHRZ is in fine shape compared to many other tech companies, not having warned or expressed anything detrimental about their earnings which will be announced on April 22.

Had something occurred to change CHRZ fundamentals, you would have seen volume quite above what it has been over the last few days to the downside. This is not the case, and CHRZ survived the test today of its recent low at the beginning of January (double bottom). In my opinion CHRZ had a few nervous shareholders who left, and the stock should resume its upward momentum.

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