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Technology Stocks : The Learnings Co./Softkey = Merger Mania

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To: Jim Goodman who wrote (40)1/23/1997 9:28:00 PM
From: Irwin Ma   of 58
 
Hi Jim:
Looking at the 52-week price chart of TLC, one may find a converging triangle with both the support and the resistant lines moving lower. And the closing prices are already over the 2/3 range of the triangle. In other words, it may break out at anytime and the chances are going lower. But fundamentally, the sales of each of TLC's business unit is increasing steadily and some brokage houses are recently upgrading the stock from hold to buy. With the quarter earning to be released in mid Feburary, it may be certain that volatility of the stock may return again soon.
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