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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Jesse Livermore who wrote (1269)7/25/1997 5:00:00 PM
From: Jesse Livermore   of 3307
 
A strong close boys. It asorbed all the trader selling, bounced off the low at 2 1/2 and closed 2 7/8. Phase 1- SURVIVAL- has been acomplished. Phase 2- attracting institutional interest begins. Watch for accumulation at 2 1/2 and gradually creeping up. If new releases come on schedule and QEMM 97 gets thatall important favorable review from a major reviewer we will be in business. The key ingredients: new releases and upgrades; good reviews; insider buying; major support now at 2 1/2. Any close above 3 7/8 would be the technical signal that phase 3 has begun, rapid share appreciation.
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