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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.88

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Jan 30 4:00 PM EST

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To: Johnny Canuck who wrote (22042)	7/15/1999 3:15:00 AM
From: Clint E.	Read Replies (4) of 70309

Harry, you may want to check into PHCM. I am not endorsing or recommending the stock but there has been a lot of excitement about this stock at work. In the wireless world, PHCM is what NSCP was to the internet. They develop wireless data software based on the WAP(Wireless Access Protocol) standard and have full backing from major wireless players worldwide. They give away their micro-browser sw but make money by selling their server sw & services to network operators. I think PHCM's long-term prospects look somewhat hazy. Since WAP is an open standard, as the wireless data market grows in the next few years, new players such as MSFT could destroy them and the stock could fall massively just like NSCP did(before AOL's rescue). Nevertheless. it is very refreshing to see ONE single protocol being accepted by so many companies around the world. That is going to help the consumer. Clint Disclosure; I am long the stock from 73-1/2.

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