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Technology Stocks : PUMA Technology
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To: Larry Cascade who wrote (505)2/28/1999 3:53:00 PM
From: Mats Ericsson  Read Replies (1) of 851
 
iqc.com

Take 120 weeks weekly chart with momentum, rsi, bollinger bands and MACD-lines.

My take: this is still a turnarond play and valueplay. IrDa and old synch markets are there. (Don't believe me I'm only in at wrong price thats my story)

But stock is on very speckulative phase waiting anything...

1 -cellularphones = new WAP service or bluetooth service or both.
2- Microsoft home rf or other homenetworkingsolutions coming
3- digital tv or digital radio systems.
4- or other internet solutions or
5- partnerships with portails or such as Amazon.com etc.
to do with internet directmarketing, e-commerce or other
6- CEO on CNBC.

As you see it's easy to see potential. and volatility.I don't be surprised if this tanksback 3.x$ level to get fresh powers.

TA weekly chart is just turning 'positiv'.

This stock has bit nasty habit to all the time 'wait something' It rises before every possible techconference or fairshow and if no news it a bit tanks.

Pumas potential marketplace is growing even faster tempo, but competition seems to be rising around any corner too.

I myself purely trust on Puma. (inside on wrong prize.)
Puma has shown ability to keep itself informed and ahead the curve.

Ps. don't believe me. Believe charts. or buy IBM.
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