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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Andy Chen who wrote (148)7/28/1996 11:23:00 PM
From: Jim Roof   of 3529
 
Andy:

You might want to compare SYSF's chart to AMTX. I tend to think that SYSF is consolidating in a pennant (short-lived triangle) that should take prices to the low teens. If this is a correct analysis, then SYSF will have trouble getting to 22. I remember AMTX seeming to be very stubborn in the 20-22 range then it just got the rug pulled out from underneath it.

Of course, this is my hope for SYSF - so my opinion is biased in favor of my current short position. But I am trying to be as objective as possible.

Good luck,

Jim
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