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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Sergio H who wrote (21577)9/22/1998 11:18:00 PM
From: Alski  Read Replies (2) of 79260
 
Sergio,
RADAF's latest share buy back was announced BEFORE the open this morning. This is the third 1M share buy back since Dec. (second started in July). The press release was at 6:00 AM not PM. Was only good for a 3/4 pop and closed unchanged.
RADAF is showing a serious lack of strength here, (shorts maybe?). I like RADAF's funnies and I think December earnings are likely to be spectacular. Great stuff in the pipeline for next year too; but it just ain't got no respect :-(
Another former 56er fave that ain't got no respect, INPR (formerly BORL), also upped their 1M buy back to 5.9M (10% of outstanding) yesterday AM. They got a little better, albeit delayed, reaction today; up 8.33%. Turned all the IQC indicators up too so it looks a bit like they might get some continuation too, if the rest of the market cooperates.
Alski
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