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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (2326)	1/13/2000 4:50:00 PM
From: J.T.	Respond to of 19219

Geoff, I am not concerned with HIFN.Down one day on rumor and up the next. Nothing like going to the discount store sale yesterday. hahaha I bought HIFN HXQ AJ Jan 50's real cheap 7/16 and 5/8 yesterday. HIFN rallied hard last 4 minutes into the bell from 40 1/4 to 43 1/4. Straight uphill climb from here? We shall see. Best Regards, J.T.

To: Geoff Altman who wrote (2326)	1/17/2000 10:34:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Geoff, one of the personal goals I had for MITA thread for 2,000 is to be a more selective and better stock picker. Thanks goes out to you for spotting this little diamond in the rough. I just got done with my due diligence on HIFN. They came out with earnings today and beat the estimate by 3 cents or 1 penny diluted after getting blown up last quarter stock-wise b/c of LU problems. Here is Bloomberg report on earnings: quote.bloomberg.com quote.bloomberg.com More importantly though is this: HIFN is dominant hardware solution VPN player who continues to turn a profit. Gross Margins over 78%. Year over year growth over 60% +. Revenues increased 57% over last 2 qtrs from customers other than LU and Quantum. CSCO and Nortel are becoming much bigger customers. And last but not least: HIFN CEO Farnham stated in conference call (listen for yourself: 800-577-6980 passcode 15730) 1) not only LU announcement this morning and the revenue growth it represents for HIFN: quote.bloomberg.com 2) But a significant announcement in design activity in the next week(CEO exact words): possibly CSCO relating to maybe this recent CSCO announcements: cisco.com or this: cisco.com In sum, HIFN is the QCOM baby gorilla in the VPN market, imho. And after this stock has been beaten down from 135 down to 42 (low 38 area)b/c of LU and Quantum reducing inventory levels in supply chain in last quarter, this stock is a buy and hold for me and only one way to go. LU orders are ramping right back up. Please do your own due diligence. I take no responsibility for anothers investment decisions. Best Regards, J.T.