Alteon WebSystems Inc-(ATON) Message Board

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Technology Stocks : Alteon WebSystems Inc-(ATON)

ATON 4.780

-7.2%

3:59 PM EST

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To: Ignatz who wrote (387)	4/19/2000 4:42:00 PM
From: Raymond Duray	Read Replies (1) of 414

Hi Ignatz, Re: ATON sure looks ready to move up here. Great call for the Wednesday market. I am curious as to how you drew this conclusion on Tuesday evening? I've run a couple of charts and wonder if you have a TA methodology you follow here? siliconinvestor.com siliconinvestor.com First chart is a 60 minute by 120 period. MACD, Momo and OBV all appear to be positive since the 17th, but volume is a real 'red flag' as far as I am concerned. What we have here is an absence of sellers and no real conviction to buy. The second chart shows the market to be not just indifferent to this stock but to be throwing it over the side of the boat. I'd say this is still a very cautionary period and I certainly wouldn't see any strong winds behind this stock. Your comments welcomed. Best, Ray

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