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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: thebeach who wrote (4999)11/3/1998 12:46:00 AM
From: Tim Luke  Respond to of 7247
 
hard to say at this point beach, but i will say that IMO it won't be over 50...my best guess is low to mid 40's....i think it will be stuck in this trading range for awhile and i think todays action proves that...i want to see how it does after csco comes out with their #, the whole sector should move up if they beat the estimate and if asnd fails to follow i would be a seller if i owned the stock.....

low volume
small trading range ( day traders have left)
LU rumors have dried up