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Technology Stocks : PWAV- the hot new IPO

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To: Medisco who wrote (938)	3/3/1998 1:48:00 AM
From: Ben Beale	Read Replies (1) of 1491

All, Medisco asked about our support level. Market Edge's "Second Opinion" shows $16.59 as of 3/2/98. Their comments follow. r/s Ben COMMENT -Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND -Chart pattern indicates a POSSIBLE TREND REVERSAL -Relative Strength is BEARISH -Up/Down volume pattern indicates that the stock is under ACCUMULATION -The 50 day MOVING AVERAGE is falling which is BEARISH -The 200 day MOVING AVERAGE is falling which is BEARISH -PRICE IS UNDER SUPPORT OF 16.79 WHICH IS BEARISH RECOMMENDATION STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 3. IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY. STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 15.50

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