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To: Siber who wrote (11673)3/20/1999 10:55:00 AM
From: xyz  Read Replies (2) of 40688
 
Just some observations:
It looks to me that the "cup with handle" formation is starting to show some results. I think we have shook loose the weak holders and as we get closer to the launch with more news coming before launch (per Taylor) the buying pressure is going to increase. The number of buys vs sells apparently is continuing to increase and the price is starting to reflect this.

Someone indicated there is an extreme amount of pressure on the stock now. I would put it a different way, I think it is like a spring which is under a lot of tension and it is waiting for something to release the tension which will cause the price to "spring up" very fast. Not sure exactly when and how high but it is likely very soon. Everything is in place for this to happen. I expect a gap up on Monday based on the action of Friday especially with it jumping up and closing at the high for the day.

Hope everyone has a great weekend, the sun is out and it looks like a very interesting week is coming up.
Todd
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