TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Dave Dickerson who wrote (1260)	10/2/1997 11:29:00 PM
From: Trey Yon	of 7342

Dave, My warning was for one of caution, I wouldn't look to get short until TLAB shows weakness on a double topping formation. The analyst upgrades today didn't change my opinion AT ALL. There was a 5.5 mill share short position as of 9/15 and I wouldn't be at all surprised to see it at 6 or 7 mill 3 weeks from now. The MACD histogram on TLAB shows impending DOOM. ASND was in a simalar situation at $48, I've seen dozens of stocks implode in this same situation. What surprises me is everybody is THRILLED because TLAB will MERELY MEET expectations; seems kind of odd. Best of Luck; either way TY

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