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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Ken Salaets who wrote (564)	6/27/1997 1:23:00 PM
From: Mike Winn	of 10786

Ken, you have to ask the Monk or other experts on this boards about Elliot wave. I am just an amateur at this Technical Astrology thing. What I am refering to as the Elliot wave is actually just a small ripple wave resulting from profit taking and fear of the investors as the price drops below the magical 20. Some people will get scared and sell off their shares and then other will take advantage and buy and bring the price back to the low 20ish again. The price may bounce between the low 20s and the high teens for a while. The next big wave will have to be preceded by may be another news announcements, IMHO.

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