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Technology Stocks : US Robotics (USRX)
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To: Stephen Leung who wrote (20)8/19/1996 5:04:00 PM
From: george saintonge   of 51
 
USRX---90, then 75, and now 52 have been swamped...looks like 33
site of a triple bottom action all the way back in jan96 will be next if
fridays 45.87 gives way. The action is not good, today it opened at
48, traded up to 49.25 and finished under 47. The market is going
sideways at moment for s&p500 but nasd composite looks less
powerful...do we have consolidation for continuation up or rollover
to downside and test of july lows...stay tuned
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