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Technology Stocks : Data Dimensions

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To: JOE who wrote (863)4/30/1997 12:21:00 PM
From: Staff   of 4571
 
Joe I've been to 26 before with this stock and am still around.
I think they will hit their 2 cents but need to be creative about it to pull it off. Wall street will see through it all in the end and I expect this Y2K to fall just like all those that preceded it.
News released today gives anyone wanting to cover a long position a super opportunity to bail. Until this story broke this AM ,the stocks light volume would have made it difficult to get flat before earnings.
Before I get to excited on the tech side here- I want to see it break out of the triangle and accelerate on high volume.
I dont see that. I see good overhead selling at this upper end. If we break out into 24 to 25 today a bullish tech. argument would have merit.
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