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


To: Gregory DeMoully who wrote (747)4/21/1998 12:51:00 PM
From: David Rubin  Read Replies (1) | Respond to of 884
 
As attractive as APSG looks right now, I wouldn't go near it. At least not until there is some real support in the 12-13 range.

I like the company's fundamentals and it is very tempting to think that it cannot go any lower. However, the chart is telling a story that we don't yet understand.

I'm afraid some pending bad news may have sparked the sell-off -- news that is not yet public knowledge. Better to wait for APSG to find a new base than to jump in prematurely. If there is bad news waiting to be announced, it could easily send APSG back to single digits.



To: Gregory DeMoully who wrote (747)4/21/1998 1:03:00 PM
From: FIFO_kid2  Respond to of 884
 
Greg THE DSP related companies are not doing well lately with the exception of TXN and ADI.- go figure. Off topic-I am pissed that I have sold 3/4 of my 4000s position of HAUP at 7 its now past 15- thats $24,000 down the drain. VARL is finally looking good and I have been stubborn. It has never made its deserved move into the 20's.To top things off I have been following MARG ever since it was on the pink sheets below a buck a share and seriously considered purchasing it. Now its being manipulated to the moon. I think this market scenario looks exactly like the May of 1996 so I am going to get trigger happy soon sell everything and short these crazies. good luck and keep in touch.