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Technology Stocks : Pixar Animation

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To: Linda Kaplan who wrote (2000)	12/19/1998 8:36:00 PM
From: Francois H. Gaston	Read Replies (1) of 3261

Interesting. "Dumb Investors" (as shown by PVI=positive volume index) are still (a) selling, (b) tax selling, (c) shorting and (d) insiders have sold around release of ABL... (may be those groups are not that dumb! Future will tell) Smart money (NVI) continues to creep up. Plain Accumulation/Distribution shows tremendous distribution and on the following graph, one can see that after this kind of distribution, PIXR tends to recover nicely. members.aol.com OBV (on balance volume) shows however that we have higher highs and lower lows (in general) and that is a bullish formation for PIXR. It also suggests that this recent marked drop in share price has occurred with a distribution volume that is fairly light despite many shares exchanged. If PIXAR continues to do well and if stockmarket does not crash, recovery could be very brisk. Have you guys seen the bloopers on line? There are 4 hilarious clips (over 2 megs each) that one can download. Fuzzy pictures,... but still très fun!. One can save those .mov files by right clicking (on a PC) after the download and saving the film. disney.com François

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