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Technology Stocks : Hyperion Solutions (HYSL) - An Analytical Gorilla?

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To: Ed Frye who wrote (417)11/10/1999 6:44:00 PM
From: Dave O.  Read Replies (1) of 471
 
< A new closing high for 1999 on 2+MM shares today. Why today? >

Probably because it's the day before Veterans Day <GG>. I assume the joint IBM/HYSL announcement was a biggie ... reading through it made it sound like they can crunch a lot of data nearly instantaneously. Was good to see it moved to it's high of the year, eclipsing the prior high of 25 by 1+ points. Seems like there should be real strong support at 23-24 area. Got to love the volume today. A couple weeks ago I told someone I thought this would see 30 by year end. If the momentum carries through I may be on the low side. A perfect example, NEON ... was hammered to 12 a few months ago. I think it's near 60 now. I think we need a few more analysts to jump on board with upgrades.

Dave
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