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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Harold who wrote (4566)4/8/1999 2:23:00 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 6445
 
Harold, SPNS news of $1.5 m contract is probably insignificant in light of their $21M business they did last quarter. I think it is a question of typical volatility and apparent dumping of y2k stocks. SPNS has held up better than most but it sold off yesterday and hit the 8 5/8 support. It will probably base here and start another build toward $10 again, just as before. Chart kind of reminds me of UNFY which broke down to 12 and now is up over $1.

TAVA got ugly down to $4 and now it is up almost $1 today over $5. Seems like the time you finally give up on a stock, it takes off. I sold in model and tried to sell my own yesterday and just missed my price. (Once in a while the break goes the right way).

Bruce