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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (18774)	9/28/1998 2:40:00 PM
From: Rob S.	Respond to of 164687

Hmmm . . . ASMLF has really gotten clobbered lately. In this market, stocks with bad news or even mild adjustments to their growth outlooks can get creamed while glory stocks are bid up to nose-bleed levels. ASMLF looks good from the TA - I think your timing may be right even though there has not yet been a double bottom or cup and handle type formations to confirm it. What does look surprisingly good for a stock that has been heading down, is the MACD has been showing some strength - it actually bottomed most recently back on the 4th after coming off a low back in July. The money flow indicator shows ACCUMULATION has been taking place pretty much consistently over the past few weeks even while the stock has trended down. It has been years since I took a close look at ASMLF - but I agree that it looks like a time to buy as long as the fundamentals are reasonably OK or at least no new shocks are due to come out.