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Technology Stocks : Online Systems Services (WEBB): www.ild!
WEBB 0.00010000.0%Oct 28 9:53 AM EST

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To: K. Bloomquist who wrote (17)10/1/1997 2:38:00 AM
From: kili   of 88
 
Hi K.B.,
Yesterday's performance proves you right -at the moment. We're through the tough spot and on the way up. Should we be seeing a short run upwards, without significant reactions for the next few days, one "golden rule" springs in mind: From a historic top, the share will react/consolidate, but probably not fall back to levels under 50% of the last run.

Which means: Should it now go to let's say $12, it may fall back half of the last run. I don't know quite were to start the calculation, whether that should be from 8(?) or 9.5, but in the first case the reaction fase would be (from 12) down to 10, and in the latter down to 10.75. I suppose this would have to be based on the general assuption that the stock is in a upwards trend.

Kim
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