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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: John Nasser who wrote (7583)1/28/1997 11:32:00 PM
From: RICK SCHINZEL   of 9477
 
I'd love to hear an update from one of our TA people out there. It appears to me that the lower suppot band is now rising on both the daily and the weekly charts. Relative strength has turned upward strongly and stochastics will be positive again with any kind of an up day tomorrow. Support at the 16-16 1/2 level has once again been confirmed. You can see 6 or 7 times in the last 3 months that that has been tested and held. I am not saying we are going to blast off or anything anytime soon, although it would be nice, but I am saying that chart wise we appear a lot better than even a week ago...comments from those more experienced....please.
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