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To: Harold S. who wrote (13976)4/14/1998 12:03:00 PM
From: DanZ  Respond to of 53068
 
IRF.

Harold,

I don't want to offer any specific advice on what you whether you should hold or sell IRF, but I will tell you where I think support and resistance are likely.

Daily support: None
Weekly support 10 1/4 to 10 1/2

Daily resistance: 12 and 12 7/8
Weekly resistance: 14 1/4

Also, whether you sell before the earnings release is a matter of personal risk aversion. I'm going to hold my stock because I think 4 to 6 cents is priced into the stock. If their earnings are better than that and the company doesn't make derogatory remarks about the next couple of quarters, I think the stock will move up to test 12 again.