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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (2567)	7/31/1999 6:45:00 AM
From: Roger Haze	Read Replies (1) \| Respond to of 3261

The fall in Pixar was predicted by the relative to Nasdaq (look at the 100 day chart).Since July 16th the relative declined while the stock went horizontal and bumped against the old resistancelevel of 50. I agree that 32/33 might be the next support. Also look at all the BUYERS in the way up - from 33 to 50 in just three weeks in april - some of them now try to get out at cost, that is the way the market works. Nobody complained on the way up...so don't cry now. On the fundamental side: Pixar will be a FUTURE goldmine, with many succesful animated movies. Think of Snowhite, which you loved as a child and think of all the (future) (grand) children...