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Technology Stocks : ACT NETWORKS

ANET 130.63

+4.4%

Jan 15 3:59 PM EST

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To: Andrew Q. Viet who wrote (786)	6/25/1997 7:45:00 PM
From: Matthew Ghilarducci	of 2326

ANET barely broke support on VERY low volume. (Today was the second lowest volume since the end of March) The 5/2 gap has been filled. Stochastics very oversold. ANET at or just below lower band on short term Bollinger. Everything screams impending reversal of the downtrend. IMHO: Buy signal generated when she breaks the downtrend line (15 3/4 to 15 3/8 depending on what day it happens) on 250k shares or more. Guessing/hoping it will be this week; maybe early next week...... or maybe she will continue to fall. Whatever the direction of the final result, I can't help but think we are in for some major action very shortly. Happy Trades. MG

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