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Technology Stocks : Metro One Telecommunications--MTON

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To: Doug R who wrote (101)9/25/1997 3:48:00 AM
From: Doug R   of 608
 
Oops,

Technical breakout was Tue. not Mon. (Just in case anybody was checking) Also, there was a breakout in some intermediate-term stuff Wed. Also also, the 89, 144, 13 SMI (the longest term one with any readability available for MTON) is still going nearly straight up and has accellerated a bit. It starts at about -33 in early Aug. and has gotten to about -9 now. +20 is where most initial uptrends take a rest on this one. I would conservatively expect about 3 more points in the next 6 weeks with a possibility of 4 1/2 more.

Doug R
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