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Technology Stocks : E-net - (ETEL) Patented telephony product -- Ignore unavailable to you. Want to Upgrade?


To: tool dude who wrote (505)9/17/1999 4:20:00 PM
From: hedge fund  Read Replies (1) | Respond to of 545
 
The chart shows 4 1/4 as the next point of inflection. Below that there is a large gap back down to 3 1/8.

Future announcements will carry less hype value than this one has had. In every penny stock's life, there is a point when traders/investors move to Missouri, the show me state. Mounting losses combined with hyped announcements equal a declining chart pattern. This is true regardless of the type of widget that the company sells, whether it be telecommunications, biotech, internet, or casino stocks.

Good Trading