COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00400

+185.7%

Dec 5 9:30 AM EST

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To: Scrapps who wrote (8663)	11/5/1997 11:01:00 PM
From: David Lawrence	Read Replies (1) of 22053

Some comments from brothers Worden today. Their charting software is decent (telechart), but I have found their stock-specific prognostications somewhat lacking. I think Jeff will agree. TIPS & HINTS (Wednesday November 5, 3:00 P.M. ET) Looking at the 10 most active components of the S&P 500 (SP-500) over the last five market days, here are our top-of-the-head comments. Check the charts out yourself. These are enormously influential stocks. INTC (most active by far): In a shambles. WMX: In a shambles. CSCO: At new highs -- but underlying support is shaky at best. CPQ: Trying to rally on light volume, but the pattern is ominous. AMAT: After a long rise the stock blew apart like a stick of dynamite. Topped with a vengeance. Bouncing. Horrible BOP. ORCL: A ray of light? Possibly has found a bottom. But only possibly. COMS: Bouncing. However, expect it to test the April bottom before this is over. And that's a long way down. MSFT: BOP buying has appeared. May try for a new high soon. MO: Ambiguous. Could rally. SUNW: Trying to rally, but the trend is down. Enormous BOP selling.

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