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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (58099)	11/27/1998 4:39:00 PM
From: HairBall	Read Replies (5) \| Respond to of 58727

Stephen: do you follow SHRP at all ?? If you have any opinion I'd appreciate it Sorry, I do not follow the Sharper Image. The only time I look at their stuff is when I fly...<g> However, I took a quickie look: 1) The stock seem to rise above it's 200 day SMA on a pre earnings release run up. The stock is now buoyed above that average. 2) The stock had a run up Wednesday prior to today's news release regarding the Law Suite. (I wonder who knew this in advance?) 3) Technical Analysis shows the stock could be a buy at this point. However, I would expect a possible retrace of the recent rise without additional news. And, the normal trading volume is low. Note: I did not do a thorough search on SHRP, so I may have missed some information. If you were looking for a momentum play I would look elsewhere. There are many momentum opportunities out there right now! Maybe you know about a SHRP relationship with an Internet IPO or something! If so, I missed it! <g> BWDIK Regards, LG