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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?

To: Toby Zidle who wrote (250)	10/27/1998 10:55:00 AM
From: Mark T. Heath	Respond to of 1138

This looks like a very good entry point to me. The stock is bouncing off of its 200 day MA and the overall market is showing some technical strength with only the NASDAQ composite still below it 200 day MA which it will take care of today. LGTO was a leader in the surge prior to the correction which started 2 months ago. Unless the acquisition happy management makes a mistake in what it pays for another company or the company suddenly stops beating the Street estimates, I see no reason this stock can't make a run at its 52 high again.