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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (6259)1/27/1999 2:07:00 PM
From: campe  Read Replies (1) | Respond to of 56535
 
What's up with XTON? Still looks strong and basing around 3 5/8. Can anyone with Level II tell me how it looks behind the inside bid/ask.

With the attention its getting today, it could have legs through the end of the week. Any opinions on closing action and tomorrow's opening?



To: Trader J who wrote (6259)1/27/1999 4:34:00 PM
From: SteveDavis  Read Replies (1) | Respond to of 56535
 
J

I didn't read it real close but yes, they like it. "Good candidate" is the headline. Has earnings and is priced at the midpoint of PE for comparable companies and this has good growth prospects. But probablay won't get the "net type" of pop just good long term hold. It is a nice article, worth a read if you are going to take a position.

Good luck

Steve Davis


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