SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (27084)3/12/1999 1:17:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
We chose TNO earlier than that: TNO up 15% on 1 point gap up
quote.yahoo.com
techstocks.com
SSA also up another 3.77%

The Trader Mar 11 1999 4:36PM CST Archives...


True North Communications (TNO)-- "Gapping Up" With Extraordinary Relative Volume
by Mark W. Draud
Sr. Investment Research Analyst

According to S&P MarketScope, TNO "operates a global advertising and communications business; and provides services to clients in promotion, public relations, public affairs, direct/database marketing, branding consultancy, graphic arts, sports marketing, directory advertising and healthcare and multicultural advertising." Its market capitalization is about $1.1 billion.

Let's look at the graph for TNO. The stock made its 52-week low of 19 on October 15. From there it made a choppy advance to the low 30s, followed by a plunge to the 22 area. TNO started moving up last Friday (March 5), and today it "gapped up" and broke above both its 50-day moving average and its 200-day moving average. It gained 3-5/8 (15%), closing at 28 (virtually the high of the day) on 833 thousand shares. Its high was 28-1/16. The volume was an impressive 248% of its normal trading volume of 335 thousand shares. As I've said many times before, you want to pay attention to the technical breakouts (gaps, above moving averages, above resistance, new highs, etc.) with good volume, because they usually lead to more upside price action. TNO is now up 18% in 2 days. As TNO continues to climb, there's possible resistance at the 31-32 and 34 (the all-time high) levels.





To: Jenna who wrote (27084)3/12/1999 8:05:00 AM
From: kha vu  Respond to of 120523
 
Jenna...it is a great site...it is true that Internet is here to stay
BUT has any body heard of the name: TNDM (tandem), Datapoint, Cullinet, televideo...these were the darlings of the 1977-1983 when they splitted at least twice a year....The datacenter of NASDQ was equipped with TNDM...and the sale rep for the NASDQ account retired in his early forty after he got the NASQD contract signed...For a company
to stay in business we need the EVA and also the management team with
foresight to lead ...the above companies lost out probably due to the
complacency...especially TNDM...