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Technology Stocks : General DataComm (GDC) anyone following?
GDC 4.170-5.9%Nov 3 3:59 PM EST

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To: Oliver Luft who wrote (72)1/22/1997 2:45:00 PM
From: Jim Goodman   of 266
 
I notice no comments on GDC since 12/30, so I will let all of you know, GDC potential BUY down here around $ 10, with close stop 9 7/8 or 9 3/8, for pop towards 12 anyway....if can get over 12, then 14 -ish doable....just a "PSYCLE sm" technical pattern merging....plus, a little volume accumulation this week....pot. head & shoulders bottom, and a tax-loss-bounce candidate also....I do not look at fundamentals, but there are several depressed techs, which look like this here, worth a shot....while no future performance inferred, L.T., in-the-money call options seem cheap also, in diversified portfolio only, with stops....if/once past 12, can run a bit....note, how all your "takeover rumor" comments the last several months have not been as effective, as Chart Pattern Recognition....I can teach if you wish...
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