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Technology Stocks : Inference Corporation--Growing 100% and still inexpensive
INFR 31.99-0.1%Jan 27 4:00 PM EST

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To: zTrader_77 who wrote (1074)12/12/1998 5:16:00 PM
From: BYRON S DOHERTY   of 1246
 
The key point that could be made here is that it broke the 9 barrier twice. It has not done that since Oct 1996 when the stock crashed, and when it was a $20+ stock. And it has broke the volume barrier twice, which it has not done so since 1996. The past two years I have been watcing this stock the resistance levels have been 6,7,and 8. It seems everytime it would break the resitance levels it would it would always fall back. And it would fall back because institutions where not buying, it was INFR purchasing back stock, which drove the stock up and caught speculators on board to go for a quick ride. But back then It was all management problems, and by looking at a 30 month chart, things look promising. A new pattern has developed that INFR has not seen since 1996.
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