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Play of the Day (For Friday)
- EPIQ INFO -
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Interactive Chart
Thursday June 14, 2001


EPIQ - EPIQ Systems $35.10 -0.97 (+2.80)

Thursday's Comment:

With the economy (supposedly) circling the drain and more companies going out of business, EPIQ has been in the catbird seat. This is because their software products help facilitate bankruptcies. Needless to say, business has been booming lately. Turning to the chart, EPIQ has been making new highs all year in a step-like fashion. On Wednesday, shares of EPIQ broke out of a month long base on higher than average volume. Although the stock pulled back today, we feel that it is still poised to go higher. Resistance has come in at $36.94 and support should show up at the $33.50-level (the top of the previous base). Traders interested in getting a piece of the bankruptcy pie could look to get into EPIQ on a break above $36.94 on volume of at least 130,000 shares traded for the session. Our initial stop has been set at $31.00 to limit downside risk.


Picked On June 14th @ $35.10
Change Since Picked 0.00
Stop Loss @ $31.00


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