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Technology Stocks : ACT NETWORKS

ANET 132.45

-1.3%

Dec 30 3:59 PM EST

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To: TWC who wrote (2114)	11/13/1997 5:05:00 PM
From: Jim Goodman	Read Replies (3) of 2326

I just added ANET near 9., to my depressed tech. pot. buy list yesterday, with a close stop below 9. do they still have $ 7./sh. just in cash ? many depr. techs shaping up for at least tax-selling bounces from lows, and ANET worth a shot....forming "PSYCLE sm" "exhaustion bottom" similar to exploitable one iot formed last time, from about 10. to 17. earlier in 1997, so will give it a go, with stop. best wishes to all....but I only employ long-existing, reliable, chart patterns with PSY-chological contrary behavior patterns, to time buys/sells, and use very few fundamentals....

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