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Guy,
The fundamentals look real good except for the declining revenue
stream. That's probably why the price has been falling so dramatically.
Any turn around in revenues should turn the stock. From a technical
viewpoint, it hasn't broken out of the last three month's accelerated short
term down trend channel. I'd want to wait for that breakout before
entering. I will add RACE to my database.
Jim
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From: Guy Gordon <gordon@xxxxxxxxxxx>
To: metastock-list@xxxxxxxxxxxxx
Subject: Data Race (RACE) breakout?
Date: Sunday, August 31, 1997 3:50 AM
Take a look at Data Race (RACE). The price jumped 19% (1 1/4) on very
heavy volume.
But I'm not really sure about the pattern it's showing. Opinions
anyone?
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