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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (17053)	7/9/1998 10:23:00 PM
From: Suresh	Respond to of 69339

Hi Clint, >>>AVEI...Where do you see it going? Today's action was the strongest in more than 3 months and didn't seem to be news-related. It should move to 45 based on momentum but I doubt it would go any higher before earnings, unless somebody knows something that you and I don't. AVEI made a very strong statement today by its action indicating their stock is trading cheap. They went into debt to buy a company for cash instead of using stock. I am listening to VTSS CC... looks very impressive. However only downside I see is that they are enjoying a low tax rate at present which will go away next year. Later, Suresh