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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?

To: Nelson Chang who wrote (739)	8/20/1999 7:07:00 PM
From: ynot	Respond to of 1794

nelson, that's your choice technically seems to imply analysis while viewing that the price is in the middle may be considered technical in a stretch, a big stretch, it is misleading it implies a greater sophistication, or even effort, period so here is my techincal analysis, daily candlestick chart iqc.com volume decrease is precipitous, implying loss of buyer interest last candle is bearish engulfing pattern, the most extreme form here are some fundamental points 66m shares outstanding $ from sales of shares in eight days will outstrip revenues for a laughable time into the future here are some market issues service competitors are formidable and established no propietary product, software or hardware here are some economic issues dollar down interest rates expected to go up deficit up, big time here are some 'fund' issues funds hurting from downdraught of inuts will dump fast winners and hang on to hurting big names or manager gets a$$ whipped nelson, it doesn't take much time to put up a chart and explain yourself, does it now? RHAT tanks, and steeper than the market, imho good luck ynot ;)