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Technology Stocks : TLAB info?
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To: Baldwin who wrote (6467)1/25/2000 6:35:00 PM
From: Tony Wang  Read Replies (1) of 7342
 
Technically, today's action in TLAB is not that bad, considering it closed at the upper end of its real trading range. Most of the trading was done between 56 and 60. And closing at 59 1/2 is not too foreboding. It appears the important 53 level was not challenged, and that is also a good sign. Strong stocks usually don't challenge support levels to the tick. Other than the guidance, which is rather minor, $70 could be a stones throw away.
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