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Technology Stocks : TECD - Tech Data -- Ignore unavailable to you. Want to Upgrade?


To: Judy Muldawer who wrote (310)10/29/1998 4:05:00 PM
From: Jon Klaus  Read Replies (2) | Respond to of 584
 
A couple things that strike me:

One is the big volume today, close to 3M shares. It hasn't traded this heavily in 6 months. This, on IM hitting its numbers?

Two, the consistent trading range over the past year. Take a look at a one year chart. If you placed a buy order at 40 and a sell at 45, you could have been in and out several times for 10% plus each time. Judy and Ross, I know you are both buy and hold, but that struck me as I looked at the chart today, especially since its back below 40 again.

I bet there is a HIGH probability that TECD will be back above 45 before earnings release. Buy now? Yes.

JK