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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?


To: h.l. meeks who wrote (257)8/15/1999 8:42:00 PM
From: Venditâ„¢  Respond to of 1080
 
h.l. meeks

You shorts are playing with a powderkeg here. If I'm wrong, I'll stop out in the morning, and do better than break-even. If I'm right I'll ride this one to $140. That's a great risk-reward setup any day. See ya at the open.

You won't see me in the morning my friend. I have never held any position in PHCM. PHCM is on one of my watch lists so I do follow it.

Your take on candles is correct but I'm also sure you know that TA depends on a stocks history in order to foretell it's possible future direction. In this case my candle post stands as 80% correct in forecasting this stocks top.

Candles are something that I turn to as a last resort whenever I am getting mixed signals from other indicators. Candles are also much easier to translate in 1 post on a forum when you know that 99% of the readers have no idea as to what TA stands for. I am not getting mixed signals in this case.

All it takes is one black candle on the up swing.

Re: Message 10964851

Take care,

Vendit

Ps: Sorry my post sounds so bearish, I am not a bear on any day. I am a reality based investor who likes math.<g>







To: h.l. meeks who wrote (257)8/16/1999 3:56:00 AM
From: Mark Oliver  Respond to of 1080
 
<Bearish sentiment----on this thread. > ????

I find this really funny. For the last couple months, we've had discussion on the merits of Phone.com's technology and so far, I've seen little bearish sentiment on what they are doing. In fact, it's mostly been a really positive story of a company developing a new market.

Cool thing here is the buyers are tech savvy phone companies looking for ways to make a lot more money with a product that depends on selling more and more air time. Having very willing buyers makes it all the more likely that PHCM will continue to see an incredible growth of revenues and earnings as this product rocket off into the history books.

So, this week because some folks have a computer which picks up anomalies in share price, we all of a sudden have a bearish thread????

What you should say is we that have some day traders dropping in to take a pot shot at a stock. Their TA has no consideration of the fundamentals of why a stock is trading up, just that it is and therefore it should be shorted.

Maybe they are right and in one or 2 days, or weeks, they'll see a fluctuation that justifies their type of gambling. But to say this is a bearish thread seems to be a stretch.

Personally, I'd be very bearish if there were fundamental issues at stake such as product problems, competition winning and important battle, or what ever. I think the interesting thing here is to wonder where this investment will be in 1 or 2 years.

I think if you link recent news with this stocks meteoric rise, you understand the big picture. The fact that 3Com has submitted that they may not be able to maintain their position as the number one handheld device without joining WAP, and even using the Phone.com micro-browser, is a very powerful event.

You question these people's understanding of candles. I wonder if they even know what WAP stands for?

Regards,

Mark



To: h.l. meeks who wrote (257)8/16/1999 10:33:00 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 1080
 
Why didn't you tell me this stock was going up today?

>>g<<