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Technology Stocks : ANTEC Corp. (ANTC)

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To: ET who wrote (196)11/14/1997 7:25:00 PM
From: Paul Weiss  Read Replies (1) of 847
 
Gary-- First, I think ANTC's chart is 'awesome'. I follow about 600 stock charts on a daily download from TC2000, looking for patterns that have specific characteristics. There may a half dozen charts at any given time, sometimes none, that appeal to me. Right now I see maybe 3 or 4 outstanding charts... ANTC is one 'em. Next comes the story, or the fundamentals if one prefers. Why is this (generic this) stock down enough to have a decent price? And then, that leap of faith... can the stock return or surpass previous levels? With ANTC, the questions are easy to answer: TCI and other CATV Co.'s halted spending for a few Q's. The Cableco's are back in black ink, will start spending soon. Meanwhile ANTC has strengthened their alliances, costs, etc. Ultimately MSFT is NOT an issue, doesn't matter. Paul
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