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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: BigLouie who wrote (28339)4/11/1999 2:40:00 PM
From: Sergio H  Respond to of 79296
 
<What do you like about COVR? >

Hi Mario. There's takeover rumors on COVR at $5-$6 share. They came in with earnings that were dissapointing. When the stock sold off, we saw it as an opportunity to buy it. We figured the rumors would catapult it back up and so it went.

Based on Doug's TA and our own intuition, we're going to sell and keep an eye on buying back in for another bounce. Rumors and name changes are part of the equation in today's market. <gggggg>

AS



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