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 : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: donss who wrote (3429)	5/27/1998 10:20:00 AM
From: DaveMG	Respond to of 10852

Here's some basic numbers from the chart.Support is at around 24 1/4. The 200 day avg is just under 24.Everyone who bought since the "scandal" broke has now been bagged, creating further downward pressure. If the overall mkt does not strengthen,24 will probably be tested. After that 23 and 20 are the next resting spots.20 seems ridiculous, but 23-24 is not that far away... Post post edit: support has been 25.25-25.5 over the last week. We're now back above at 25.625, so perhaps it'll hold.. Dave