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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (16230)2/17/1999 2:56:00 PM
From: Andrew Vance  Read Replies (3) | Respond to of 17305
 
*AV* -- only from what I am reading about MIPS in the periodicals and news releases. This is a solid company driven on sound fundamentals. This is a work horse.

ENMD - still waiting for a bottom to form. that is the problem with the printed word. At the price of $20, which I think is a good entry, I have the luxury of letting it drop further. I can always catch it on the upside as it passes through $20 again. Market timing is everything these days.

The RadarView Buy Zone targets are put in place to heighten our monitoring of these stocks. As they fall below these values, we watch and wait for bottoms to form. Occasionally we will lower the target in order to catch more profits when it recovers. However, dropping through a Buy Zone target gives us more leeway to get a better entry while defining the price at which we need to jump aboard if the stock starts to recover. This is our attempt to let the other "shoe drop" and to catch either a bottom of the first sign of strength on the RIGHT side of the price curve.

Andrew



To: steve susko who wrote (16230)2/17/1999 3:03:00 PM
From: Tsaen Wang  Read Replies (2) | Respond to of 17305
 
ENMD dropping substantially 1-1/2 below 20. Do you like this at this price?

Errr, I thought no one was following biotech on the swap. The Street.com had a story on Entremed yesterday. The conclusion
was it was worth ten and spare changes, not exactly flattering.
Check out the Enmd thread for the detail.

My own spin is Enmd is a great trading stock, just be on the
right side of the market mood swing.


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