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Technology Stocks : MDSIF (formerly MDSI) Mobile Data

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To: bruce gordon who wrote (73)6/12/1997 1:12:00 AM
From: Phillip Bucchi   of 226
 
Bruce:

Could you explain, in detail, how you arrive at that number? I don't see a break above 22 being very important technically, other than a continuation of an uptrend. The consolidiation in the 19-20.75 formed a small handle of a cup (CANSLIM People like to see them). The break above the old high (20.75 with volume) was important. Interday charts show consistent 5000+ size blocks (to me that is important) and relative strength continues to improve and is above 90; earnings stength is good but not great at 74.

Personally, setting short term targets are fun but they don't make you alot of money and I think this company can make us a lot of money. I'm not talking about $30 US either.

Since the change in management, this company has become very focused. They continue to do the rights things. In an environment where downsizing and improved productivity is the norm; where companies want to reduce cost by gathering and diseminating information to their staff that is on the road, I think were are at the very beginning of the MDSI growth stage. The key is acquiring good people, giving them the incentive to produce and having good management to set the vision and execute a plan. I like what I've seen for the past 18 months.

With the right stock market, this company could be 5-10 times your money from this price over the next 2-3 years. Remember, very few people know about MDSI and we are at the infancy stage of wireless communication.

As Kenny Rogers sang "You have to know when to hold them; You have to know when to fold them." Others have said that you make the most money by watching your good purchases, not trading them.

I'M HOLDING AND WATCHING!!

Phil
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