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Technology Stocks : Verifone (VFI)
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To: William Allen who wrote (128)12/18/1996 9:50:00 AM
From: Lenny Ehn   of 369
 
I am interested in Technical Analysis but very much of a novice. I'm also long in VFI and am considering buying more as I like the stock's "story". However, IMHO the chart showed a very nice uptrend line which should have provided support at about 33. However, the price broke thru that line and seems headed lower, a rather bearish sign. Any comments? I'd like to buy more but am wondering whether to act now or wait. Thanks in advance for any informed opinion.

Len
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