Hummingbird Comm. (HUMC) Message Board

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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Sultan who wrote (1923)	12/10/1999 5:05:00 AM
From: Michael Watkins	Read Replies (1) of 2018

Sultan, Well, buy the break out has been a time tested strategy. If HUM should continue straight up it should be safe enough to add here. It could pull back to near 38 and remain technically healthy. Anything more severe than that would have to be regarded with much suspicion. My gut says that half of the move is Linux based speculation. Excerpt from an article in TheStreet.com today: He also noted Bitwise Designs (BTWS:Nasdaq), which rose 13.1% to 10 1/2 today on "no news." The stock was trading as high as 20 1/8 in after-hours activity after the company announced enhancements to its document imaging products to make them more compatible with -- you guessed it -- the Linux OS. The commentator seemed to miss the point -- Bitwise has a sub called Authentidate.com which has released numerous press releases over the past few days, driving up price. It had nothing to do with their DM business (which appears to be largely low end and tied to selling hardware). So what happens if the Linux fever comes to an abrupt halt? I do agree with your comments about overall sentiment and BI strength also helping.

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