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Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

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To: Rick Voteau who wrote (818)3/23/1998 11:32:00 PM
From: BM  Read Replies (1) of 1654
 
Year2000 article in Investor's Digest

The latest issue of Investor's Digest (dated March 27, so should be available to non-subscribers within a few days) has a major article by David Chapman on Year2000 players.

Major players mentioned are CGI Group and LGS Group but the major focus is on Cognicase and Forecross including technical analyses of their charts. He interprets the Cognicase chart as follows:

- in spite of recent dip, it's in a strong bull uptrend - jump over CDN $30 is positive
- buy using CDN $26.60 as a stop loss
- sell if it falls under CDN $20.

About Forecross (at $7.45 at time of writing) he says "It has excellent prospects and technical indicators say it should be bought, but be careful. Aggressive investors may wish to accumulate between $7 to $8 although it needs to break back above $10 to once again become an attractive prospect."

He also mentions a couple of microcaps that might be worth a look including Transformation Processing (TPII-Nasdaq), Millennium Communications (MLU-ASE) and Oriole Systems (OOL-VSE). He adds that TPI has the best daily volume, providing depth for trading.
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