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To: Johnathan C. Doe who wrote (19837)4/15/1999 10:21:00 AM
From: DanZ  Read Replies (3) | Respond to of 53068
 
EVOL.

JD,

EVOL has been in a trading range between about 4 1/2 and 5 1/2 since late February. It violated that range a couple times on an intraday basis, but either closed back inside the range or only stayed outside the range very briefly. The stock is near 5 1/2 again and it looks like a sell to me, or at best a hold. I would only buy this stock on a break above 5 3/4, but even then, you run a big risk of it pulling back into the range like it has done the past few times it attempted to break out. The stock looks like a good trading vehicle between the range but I don't recommend buying it in the upper end of the range.

Good luck,

Dan