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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (1715)	2/1/1999 11:40:00 PM
From: Jerry S.	Read Replies (1) \| Respond to of 52051

HMK - has anyone checked it out? I watched it some today and I saw it bounce twice off of $19.50, this seems to be the support #. Nice late day buying ran it up over $20. I really think this is a quick rebound candidate, I would say about 1/2 of the original drop within a week or so. That would bring it to the $25 - $27 level by mid-month, pretty good return eh? Think about it, a 5% miss on earnings results merits a 40% drop in price? One analyst dropping to Buy from Strong Buy while others reiterate their Strong Buy drops a stock from $35 to $20 overnight? I don't think so