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Technology Stocks : Broderbund Software

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To: marvin smith who wrote (427)12/17/1997 6:42:00 PM
From: Thomas J. Smith  Read Replies (2) of 859
 
Fundamentally and Technically this puppy is ready to grow.

Fundamentally the earnings show as well as the sales in Nov. products releases prove we are ready for an advance here. I'm not much on following the Fundamentals, BUT

Technically the present Cup-n-Handle formation, is the most Bullish of any TA formation and the ability to remain strong during the Oct/Nov decline, is another good indication this baby is in the early stages of a big move to the upside.

Look for some of 10 neutral analyst to move upward over the next couple of weeks. They all were surprised by these earnings.
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