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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (22123)	7/19/1999 12:07:00 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69828

Jim, Do you agree with this head and shoulders comment of CMGI. hardrightedge.com It looks weak on the chart based on the other technicals, but I know that there are some IPO's coming out soon that might nullify the formation. I still need to check on the timing of the IPO's. Harry

To: j g cordes who wrote (22123)	7/20/1999 7:32:00 AM
From: Johnny Canuck	Respond to of 69828

Jim, Interestingly, this sight has another internet stock on a sell signal. This time it is AMZN. All lot of I-nets look weak, but I am not sure I would be rushing to short them just quite yet. hardrightedge.com Thanks for you analysis on CMGI. Finally had a chance to hear the CC on ANDW tonight. It was a very mixed report. Pricing pressure being offset by increase in volumes in specific business lines and lower share count due to the buy back program . They are still declining prices on cable at the rate of 11 percent per annum. They are hoping for better margin at the end of the year. Most of the future growth appears to be pinned on a trasition to new markets such as HDTV and MMDS. I still need to organize my notes. Harry