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Technology Stocks : Corel Corp.

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To: Kashish King who wrote (4989)4/2/1998 8:33:00 AM
From: Greg R  Read Replies (2) of 9798
 
Inpathique just detects the influence of the trading computers on a stock's price and predicts where they are going to drive the price.
The Institutional Investors have more information at their disposal and analysis than we can ever hope to have. That info feeds their Trading Computers recommendations. By studying the computer's output (limits on how high and low a stock's price is permitted to go before they step in to issue buys or sells i.e. the price was too good of a deal to pass up), we gain the benefit of all their analysis indirectly.

When a stock's price gets too low within its allowed INPATHIQUE pattern and Trading computers are not being allowed to buy the stock despite their recommendations, the pressure on the company to DO SOMETHING becomes extreme. I have seen this happen many times to many stocks that I plot with INPATHIQUE. The result is that a company will normally do one of three things to get the investors off their backs:
1 - Make some feel good promises that things are going to get better (they tried that and nobody believes it anymore)

2 - Announce a stock buy back

3 - Shake up senior management (i.e. fire Copeland)

What brand of tea leaves do you use by the way? :)

Greg
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