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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Mudlogger who wrote (16094)	12/2/1999 8:40:00 AM
From: C. McD	Read Replies (1) \| Respond to of 57584

Mudlogger, IMO DNCC could go either way on the $24M news, but it looks more likely that it could up IMO since so many have sold due to the news not coming out previously. It is so beaten down, and is building up a nice pre-run chart right now, that it looks to me like it could pop like it has in the past when news is finally confirmed. Based on the charts (I don't have alot of actual experience following DNCC) it looks like a big day od ~1M volume could propel DNCC up ~40~100%, or to $2~3. I don't really have a good handle on it, but I like the way the stock has been accumulating the past couple days, the five day chart looks like something could be in the works. I'll hang on at least thru Friday, downside risk doesn't look too bad from here, upside is attractive short term. I'll check out GLMC, thanks.