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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Arvinder Malhotra who wrote (34450)4/16/1999 2:53:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
#8..Actually I was going to take that one out and exchange it for something with more chances of beating the street. when I put that in the calendar the resistance level was and still is 135. The company was hit and its not the 'style' of the usual earnings play. But I sometimes include some oversold (and this is oversold IMHO) that could rebound.
So a 'comeback' is likely if it turns out the stock selloff was overdone. This is one heck of a fine company It's still at the low of the day however, I'd wait at least to see if it has some more upward movement.