BREAKING RULES

ATY

Low-balling some ATY here, despite that this probably is one of the most frustrating stock, and seldom made me any money. On the other hand, it is traded at 15X of its 05E, and 12X of its 06E. That certainly seems reasonable for a growing company, provided it delivers its earnings next week. Man, I am breaking all rules of technical analysis, as both the overall markets and ATY are breaking their major support with a downward trend. We are also going into a seasonal weak period. I better put a tight stop on this one and hope for the bounce in the next few weeks.