Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?

To: Harold who wrote (4207)	1/26/1999 3:00:00 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 6445

Harold, SPNSF is a hard call to say to "buy" but with the recent news of new contracts, the support is at $10 and trendline (lower) at 10 3/8 so a buy at 10 1/2 if available might not be too risky for 1/2 a position. Estimate is .13 which means if it hits it that 10-13 could be a trading range for a few weeks or until some new strong news comes out. Zacks also shows earnings due 2/8, but any company can report sooner. The y2k stocks have taken a beating from the analysts because they think they will have nothing to do in 2000, but they will probably be overwhelmed for 2-3 years. <G> I have SPNSF in 2 of 3 models from 8 3/8 so I don't plan to sell, nor do I plan to buy. If you feel positive about the market and also about the long term prospects (I have $14 for target) of SPNSF, then go for 1/2 and you won't miss a gain if it beats estimates, or hurt too bad if it disappoints. Not much help, but have fun. Bruce