stock market, stock market

[Buying Siliconware Precision (SPIL)/Day Order/Limit $5.50] Dear Member: I finally see something I like in the $10 and under stocks which have been hard hit by the market decline. Siliconware Precision Industries CO (SPIL)has bounced off a support on strong volume. Stochastics are turning over from below the 20 line and the company actually has earnings with a P/E just over 8. The company also pays a dividend with the next ex-dividend date on 7/28. I like the stock at $5.50 or better. My exit if it turns against me would be $5.05. There are resistance levels around $6.20 and $7.20. DISCLOSURE: At the time of publication, I have no position in SPIL. Sincerely, Bill Kraft
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