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Technology Stocks : Aeroflex (ARX) -- Ignore unavailable to you. Want to Upgrade?


To: freddie who wrote (514)11/6/1998 9:53:00 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 586
 
Hi freddie,

I used to hold some ARX and still follow it somewhat, and I disagree that "it's great news". I sold ARX last year at ~$14 when the target by analysts was $18. My point is that ARX is getting very close to the old high, and frankly that last 4 bucks isn't much of a cushion in these extremely fast, sometimes brutal small caps. You'd think these guys would "up their target" with the huge resistance there is in ARX at 14 now.

bp