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Technology Stocks : Business Objects (BOBJ) - any followers??? -- Ignore unavailable to you. Want to Upgrade?


To: Allen B. who wrote (546)5/3/1998 6:03:00 PM
From: Early Bird  Read Replies (1) | Respond to of 1150
 
No idea who follows it but did see in briefing.com that it was DOUBLE
analysts expectations. So WHO are the analysts ? WHERE are the
analaysts. Good questions, as well as WHEN will they give out
some upgrades ?
Seems I got into the stock for reasons similar to yours; TA.
On 04-20 the 5 day ma crossed the 10 day ma upwards on a daily chart.
This prompted me to look into the past history a little more and discovered thru charts that in August '97 this stock went on a tear thru October 97, rising from $6.75 to 14.
Looking a little further, on 05-22 it hit a high of $50.
So I got in at $14.06, figuring it had limited downside risk and
maximum upside potential.
It should be worth noting to all of you that when it went on its stock price soaring tear in August 97 thru Sep 97, it never dropped more than 1.25 on any given day. Therefore, I currently am changing my stops each day to $1.50 (approximately)under closing price and will keep moving it up as price goes higher and lows keep getting higher.
Early Bird