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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (3568)	1/25/1999 11:41:00 AM
From: wily	Respond to of 13094

Thankyou sir. I see what you are saying about the hyperbola. Anyone buying now has to consider that the stock had a low of 1/2 in September, so it is up 10X since then. On the other hand, the company had recently endured some extremely difficult times having gone through a share-holder's lawsuit that I believe had to do with re-stating earnings. (Part of the thread is missing--from May to October of 1998). So those lows were probably a little extreme. Today there was a hard sell-off, same as Friday morning. I think this is just disappointed fast money. When the patient money goes to work the price gradually rises. Next two days will be very telling as earnings are out tomorrow. wily