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Strategies & Market Trends : Ask DrBob
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To: Drbob512 who started this subject8/17/2000 5:27:55 PM
From: Clappy  Read Replies (1) of 100058
 
Hi Dr. Bob,

My friend Disu speaks very highly of you.
A friend of hers is a friend of mine.

Good luck with this new thread.
I bookmarked.

I have a question for already.

Is it possible to guestimate how high LNOP can go before topping off in the short term? It has recently broken out with very strong volume. Do you think it will retrace 1/3rd before resuming it's climb?

Here's a chart:
stockcharts.com[L,A]DACLYYMY[DC][PD20,2!B200!B50!B10][VC60][ILD20!LG!LC20!LH14,3,3!LK14!LJ[$SPX]!LM12!LF]

All thoughts appreciated.

-CG

P.S. I bought at 16 1/2 as a trade.
As I continue to do DD on them, I see it's possible they may pose a threat to CSCO and the other router makers in the future. Their EZ-Chip is getting noticed as being a superior processor chip that can read and transfer data packets at incredible rates.
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