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Technology Stocks : Hello Direct (HELO) - an overlooked internet beneficiary -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Bob who wrote (21)	7/13/1998 3:42:00 PM
From: rakitup	Respond to of 153

Bob, don't be worried about the 40%. It's been my experience sometimes the best time to buy shares in company's of this kind is after it has doubled its 52 week low, in this case that would be at 10.25 a share. This would be a new high taking out all overhead resistance, and it would be a confirmation of overall investor confidence in the shares. Volume must also rise as the target entry is hit. Volume in HELO was up 44% Friday, and I suspect will be up today, as is today's price. What worries me about HELO is it has only fair EPS ranking of 74 while the relative strength is a poor 54, but the shares are being accummulated so there is some counteraction. Overall, I like what I see here, especially if there is validity to the Internet marketing story. In this same ilk, one of my favorite stocks of recent years was BBOX (Black Box) which has done a dynamite job of catalog marketing but I am not up to speed on their internet plans or prowess. The stock was a three bagger for me some time ago and I got out, but now it is looking attractive again. I'll check it out and let you know. Might be a thread or two on the company I can look into in addition to due diligence. Rak up a winner