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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: advinfo who wrote (1339)	10/27/1999 1:03:00 PM
From: feewaybill	Read Replies (1) \| Respond to of 9427

Hi Northstar, Thanks for LTXX. Will add to my watchlist. LTXX is a strong stock in a low (good field position) sector. Semi. I've been hand charting LU. Its declined from 80 to mid 60's. RS in X's and it's trend just turned positive. Broke a Double Top last week. Good support at 56. Might be a nice trade on Pullback.......Bruce

To: advinfo who wrote (1339)	10/27/1999 2:38:00 PM
From: Mr. BSL	Read Replies (2) \| Respond to of 9427

NorhStar & Bruce, re: LTXX I believe that LTXX recently announced a secondary offering. An old timer once told me that it is best to sell stocks when they announce secondary offerings. I did some research and could not come up with any meaningful data either way. In 1997, I owned ALPH and sold it on the secondary announcement. It lost half its value in less than a year. Later that year, I owned MRVC and it announced a secondary offering. It was posted that after the road show, it would triple!. I sold it and it got halved in short order. The Princess did some great research on VRC in early 1998. I bought. I sold after the secondary offering announcement and it got more than halved!! (I know that all the oil service stocks tanked then). FWIW, selling on the secondary offering announcement has saved me some bucks. BTW, anyone know if any sectors turned up today? Dick