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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Cullen who wrote (15933)5/1/1998 1:28:00 AM
From: Doug R  Respond to of 79270
 
Bruce,

I don't mean to sound flippant here but...what do you mean "again"? It's right where it was supposed to go unless the quote I have on it is wrong. Now, strictly on the basis of the IL/ACT dynamics, it should bounce about 25% from here...7 1/2 points.

Doug R



To: Bruce Cullen who wrote (15933)5/1/1998 11:28:00 AM
From: James Strauss  Read Replies (1) | Respond to of 79270
 
ORG...

Bruce:

The split adjusted price was 29.90... It is currently over 31.00 per share... So, the initial reaction to the split is positive... But, MoneyFlow has been negative for a week... A 25% stock dividend means 25% more shares... More shares means a smaller EPS unless they are expecting earnings to exceed expectations > 25%... The next week should give us a sense of how this will play out...

Jim