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


To: LastShadow who wrote (7255)1/27/1999 9:58:00 AM
From: Devil's Advocate  Respond to of 43080
 
XYLN has just broke its 200-day moving average. Company posted good earnings last week and even better forward lookin statements. I'm lookin for the stock to move in the high 20s. But, I'm long on this one. 50% growth year-to-year for the last 12 quarters, both in earnings and revenues with a PE in the low 20s. It is the best deal in the networking sector.