Good Morning Ray. I'm glad you're having fun and sharing your insights with us. Your upgrade of the oil sector reaches the essence of what we're striving to accomplish here.
I'll add OI and FOSL at Monday's opening price.
You're right on OI's recent run - it cranked up the rising channel a bit. But, this stock's run is built on solid cash flow. New legislation on asbestos settlement would add to the fuel.
FOSL, I see the double top forming resistance at 27.70 and the price hitting th bottom Bollinger which is almost at the 200 day MA - pretty solid support. The long term trend is intact. The very short term is a trader's dream....bouncy bouncy between bottom and ceiling, while the range narrows and voila...a break. Couldn't find much on the Wrist Net. An article came out last night in Dallas.
< For news, weather, it's all in the wrist
10:15 PM CST on Friday, December 3, 2004
By CRAYTON HARRISON / The Dallas Morning News
In the world of wearable gadgets, style is the most important upgrade.
It's been nearly a year since the debut of watches that receive updated news, sports scores and weather reports through an FM radio technology designed by Microsoft Corp.
Richardson-based Fossil Inc. and Finnish manufacturer Suunto Oy were the first to make such watches, and each has new models on the market.
Microsoft has boosted the appeal of the watches by altering its MSN Direct service to give some information away for free. The software giant still requires users to pay for local content.
The watchmakers, in turn, have retooled their devices with an eye toward fashion.
Sleeker look
Fossil's first Wrist Net watches were bulky and boxy. With its latest models, the designer watchmaker is trying to reach a wider, more traditional audience.
I tried Fossil's $130 leather-laced Abacus model, which my fashionista fiancée declared a modest improvement over its geekier predecessors. I was less self-conscious wearing the watch, too, impressed with its sleeker, curvier face and a display tinted around the edges for a classier look.
Fossil sells its Wrist Net watches under its own brand in high-end department stores. The company has created the Abacus brand to appeal to shoppers in consumer electronics stores.
Fossil designed its products to accommodate an antenna buried in the wristband, creating an odd-looking clasp that bends in half to snap closed. The clasp is a dramatic step up from the previous version, which had the unfortunate drawback of pulling out arm hair.
Wrist Net watches come with an interesting power-charging device, which must be used every three days or so. Instead of plugging the watch in, you set it on top of the plugged-in charger.
At $300, Suunto's N3i watch is a much more substantial investment than even Fossil's $200 Wrist Net model.
Suunto appears to be going after a more dedicated luxury market than Fossil. But luxury has its merits.
Hidden antenna
The Suunto watch buries its antenna in its face, making it much wider than the already large Fossil models but leaving the strap traditional and light. The N3i's black-and-gray design still looks suitably geeky but could pass for sophisticated.
The N3i's power cable uses a clamp to attach to the watch, another innovative way of powering up a device. The charger can connect to a wall outlet or to a USB port. The USB port could reduce the need to subscribe to Microsoft's calendar-syncing service.
For that convenience and its comfortable fit, the N3i edges out Fossil's models except for price. But tech enthusiasts who want to carry a bit of Microsoft wherever they go will find the Abacus models a nice improvement.
To get most of the MSN Direct features, watch owners have to pay a $40 annual fee.
For $20 more per year, you can sync your Microsoft Outlook calendar and MSN Messenger service to MSN Direct.
E-mail charrison@dallasnews.com > |
