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Technology Stocks : Tricord Systems (TRCD)

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To: Stu Bishop who wrote (701)5/19/1999 10:32:00 PM
From: Joseph Busch  Read Replies (1) of 773
 
Just looking at the chart and some basic ta. I don't like the volume on this price move, since it is not anywhere near the news event of Canion's investment announcement. It appears to me that he is just protecting his investment, but you may be right about something more in the offing. The profit taking today was expected but hasn't hurt the upward trend of the stock. I am disappointed that Tricord hasn't had any sales news. To me, Canion coming on board is old news.

The history of this stock is heavy on speculation and light on producing product. I can only wait soooo long.

Joe
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