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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (5389)	8/5/1998 9:01:00 AM
From: The Phoenix	Read Replies (1) of 34811

Yeah, I saw the NT/XYLN thing. Of course XYLN is bait for a takeover by any one of a number of companies. I guess I'd figure on IBM who has been conspicuously quiet lately. If IBM's NHD is serious about networking they'll scoop up XYLN....not that NT wouldn't. And yes, the thought of the guys from Micom/Xyln/Yuri all in one building is kind of a scary thought. Do ya think anyone there has worked for the post office? They'll have to have a metal detector at the door...and even with that Steve will still have to keep looking over his shoulder given the stories I've been hearing. In the end, XYLN will get bought in the next 12 months and I'm looking to enter. As for my ASND. I should have pulled the trigger on some of that position yesterday morning but it was a eurphoric morning so I didn't. I'm still in and am hoping the market settles out today or tomorrow. Could be in for another 300-500 point drop today...but I suspect by end of the week the market will (I hope) settle out. Then we can all begin licking our wounds and looking to reinvest. Gary (OG)

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