ADTRAN !?! Message Board

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Technology Stocks : ADTRAN !?!

ADTN 9.220

-1.6%

Jan 30 9:30 AM EST

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To: Bosco who wrote (308)	4/20/1997 8:25:00 PM
From: Crossy	of 766

Re: off topic (TA, comm picks) Bosco, I got news: Two very strong bullish candidates are EVOLVING right now, both in the communication sector: 1) RACE: Data RACE: has nice product line. Conventional TA says attractive, however Candlesticks say wait for additional 13 days of sequential decline (count only those that were below the last low). PE is subzero but stock fundamentally attractive. 2) ECI: Excel Communication (Paging network companies). Conventional TA is neutral, but the sequential analysis of my Candlesitck Forecaster are super-bullish: Both daily AND weekly sequential (TOM de MARK indicator) apparently have been triggered. Daily Sequential Countdown needs further 12 additional (daily) sequential lows, weekly countdown needs 5 more (weekly) sequential lows to finish. This could prove a very solid buying opportunity in 5-6 weeks (mid-June). Keep watching this one. I will be able to give You entry levels by that time. Pls. bear in mind that these are stocks to WATCH not to BUY right now. What do You think about them ?

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