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Technology Stocks : Euroweb International - NASDAQ: EWEB -- Ignore unavailable to you. Want to Upgrade?

To: Guardian who wrote (264)	7/3/1999 1:21:00 PM
From: TA2K	Respond to of 566

TA thoughts on EWEB short-term Some positive development with EWEB could, of course, possibly be about to happen. But what I feel is certain is that EWEB has at least a little 'catching up' to do price-wise, compared to many of the other technology stocks that have been moving up. Looking at the EWEB charts, and the trading ranges that have occurred, say, over the past year, EWEB is presently in its lower trading range --- for no apparent valid reason. In fact, now with Europe coming out of recession, it would seem that EWEB should be trading toward the higher end of it's usual trading range. Thus I would anticipate price moving up a bit. The market for these kinds of stocks usually moves in 'fits' --- not a smooth one-tick-per-day upward progression --- so a spasmodic jump is not at all unlikely.