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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (490)5/4/1999 11:57:00 PM
From: investsformoney  Respond to of 835
 
I agree with this. The key i believe is that we have seen the price cut down into half from a high of 151+ today. This could mean that the retracement is already over and hence the severe runup at the end. So for all those people waiting for the the 200 dma, your opportunity may have gone today. Anyway this is worth checking into.

My two cents.



To: Clint E. who wrote (490)5/5/1999 7:26:00 AM
From: xcr600  Read Replies (1) | Respond to of 835
 
Color my face red!

Ok, if one was to run the ema over the time this stock has been trading, the "more than 50, less than 200 ema" would be about 71.

askresearch.com

Interesting that the stock is sitting at nearly 80, considering that's where the secondary was priced. Coincidence? Doubt it..

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