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Technology Stocks : BroadBand Technology(BBTK)

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To: Mike Harvey who wrote (1632)5/14/1998 5:25:00 AM
From: Mike Harvey  Read Replies (1) of 1797
 
Slow but sure.......

I've been liking the price action of the stock the last week or two... Minuscule, but steadily higher... Generally, more buyers than sellers... At every inkling of an up move, there's someone out there clobbering it with a 5-10k grenade, but this is not unanticipated, see previous post, and moreover the ever-so-slight upward bias seems to recover relatively quickly from the lob.

On the technicals, the stock has the classic signs of an impending move up. Still think the test point, and concurrently a second buy signal, is a close over 8 3/8.

In my opinion.
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