Prof. Ed - < the recent 50% price increase>???
Hi there, Professor. Your post is puzzling to {thick} me and I would appreciate your advise:
1. What recent 50% price increase? According to my notes, which may be slightly off, the low for the last 90 days is 14.375, and for the cal. yr. is 13.375.
2. You also addressed vol as "petered out." I apologize, Sir, but I just don't see that @ all. The pattern here [price and vol.] is typical of the wk. b/4 options expir. -- and actually quite encouraging. I agree w/u re: resist/supp., but place it @ 22.5, and am encouraged by the [sans options] steadiness.
3. < if [post earnings buyers] sit tight support will remain solid - if they sense a short-term top and jettison FORE could revisit teens> Again , Sir, given the post-earnings pattern [while factoring the monthly options cycle and the fact that it has not yet been a full month since erngs. anncmt.], I am baffled at what would cause the "peb's" to sense a s/t top: If you are referring to individual peb's, that would depend on their objectives; if your reference is to institutional peb's, IMHO, they are quite pleased and would be more likely to acquire a more sizeable position than to sell at this level.
While I am clearly not a tekkie, and would appreciate input from those who are, what has recently been confirmed in my readings on network solutions and problems is that Fore's ASX 1000 does not have a QoS equivalent by another manufacturer; the ASX 4000 is/will signify Fore's greater competitive advantage; and, the ability of Fore's products to automatically and instantly re-route when there are network link breakdowns/gaps addresses one of the fastest growing problematic areas in the networking industry.
Have I flunked Investing 102B and Networking 101A, Sir ?
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