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To: Cesare J Marini who wrote (9659)2/18/1999 10:30:00 PM
From: Herm  Read Replies (1) | Respond to of 14162
 
Joe,

Looks like BVSN bounced off that lower BB and is moving sideways to
the upside to retest the new high. BVSN is no bargain. Even with a
whopping 52.2% growth rate. NASDAQ: (BVSN : $40 7/8)$991 million
Market Cap at February 18, 1999 Trades at a Premium PE Multiple of
95.1 X, vs. the 41.8 X average multiple at which the Software &
Services SubIndustry is priced.

iqc.com



To: Cesare J Marini who wrote (9659)2/18/1999 11:08:00 PM
From: MMarcelia  Respond to of 14162
 
Herm,

What do you see in the recent activity in CREAF? Since the beginning of Feb, its been at 12 or just under. According to Ask Research, the RSI had been basically flat at 35. If you look back to the activity from mid-Jun to mid-July, you'll see a similar price pattern. But the RSI wasn't steady back then. Current volume seems to be fairly quiet.

askresearch.com.

I'm trying to apply the WINS approach. I think this means that the stock will drift slowly down to about 10 (and maybe touch 8). I say this because an RSI below 50 and low volume generally mean downward drift. Yes?

If I have this right, I should reach out for the Apr 10's (or maybe 7.5's). Do you see anything in CREAF that would lead you to think otherwise?

Thanks
MM