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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (13087)1/28/1999 7:19:00 PM
From: Logain Ablar  Read Replies (1) of 34811
 
Tom:

I haven't followed MRVC closely since I bailed on its way down last year so I'm no longer sure of the split between MRVC and NBASE. (Looks like it didn't break out of its trading range at $10 (or at least close above it.)

Anyway it looks like they've turned the corner on having a timely product and with the far east recovering they should start increasing revenues (and profits). It may take 2 quarters of earnings for the street to jump on board. I doubt INTC will bring them in (if memory serves me (it fails miserably this time of year) INTC has an option on shares but its in the $17 to $20 range.

I think they're fiber optics should be coming into their own soon (but I have to do more research).

Remember XYLN. Another company on my watch list. On ATM company's, would they be a prime canidate for a takeover (FORE is not high on my list due to management, nor CS)? Maybe TLAB, now that ASND is with LU, may make a play.

Tim
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