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Technology Stocks : Hyperion Solutions (HYSL) - An Analytical Gorilla?

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To: Exacctnt who wrote (209)10/8/1998 9:17:00 AM
From: softcash  Read Replies (1) of 471
 
During this downturn I have seen a few common behaviors:

1) if price gets cut in half, buyout or take over is heard
Desparate people looking for a knight in shining armor!

2) buy more
implies average down, by chasing the stock price down.

3) many guess about how quickly the stock will double or
triple

All of these while the price continues to go down. Greenspan
started this mess in mid July by expressing that market is
showing irrational exuberance. Yesterday, Greenspan has flipped,
err the market has flipped. Now the market is again irrational.
True, it is a shoot first, ask questions later market. Many
GREAT companies are getting shot down - it's across the sector.

I believe in a 2 step recovery for HYSL:

1) high volumes - wild prices (high volatility)

2) low volumes stable prices

HYSL has not reached either of these steps yet.
HYSL is almost identical to the NASDAQ market.

My prediction for NASDAQ today:

1) bad, very bad quickly to 3+% down
2) market maybe 5% down in less than 3 hours
3) after midday, dreams of another rate cut will creep in
4) end down 2.5 -3%

HYSL will follow NASDAQ index.

I am looking for HYSL to see step 1 in $9-11 range
by mid to end of next week.

Any comments?
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