Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Brainard who wrote (727)	4/7/1998 3:49:00 PM
From: David Rubin	Read Replies (1) \| Respond to of 884

Dropped below 50 DMA yesterday, and looks like we will close below 100 DMA today. Is something going on, or is APSG just getting hit hard in a general market downturn? If we don't recover soon, our only hope is support in this 13-14 range. Otherwise it could get real ugly, with the next support lying below 10. Seems to me that fundmentally APSG is still a bargain. This recent sell-off has made the trailing PE less than 15. Seems ridiculously low for a company that posted over 100% gains last quarter.