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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (39380)2/7/2000 2:07:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
TCSI <----- Another momentum play. Level II is indicating support coming back in at 7. Maybe another surge will materialize...worth keeping an eye on!

TCSI's Share Surge On Multimillion Dollar Licensing Deal With 3Com
(Dow Jones Online News, Feb 7, 2000 12:55 hrs)

ALAMEDA, Calif. -(Dow Jones)- Shares of TCSI Corp. more than doubled Monday after the telecommunications-software maker announced it signed a multimillion-dollar, four-year agreement to license its Catalant network management framework to 3Com Corp.

3Com (COMS), the Santa Clara, Calif.-based maker of computer-networking equipment, will use the framework as the core technology for its CommWorks 5000 Series network and service management system.


Regards,
LG



To: HairBall who wrote (39380)2/7/2000 3:15:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 99985
 
LG,
I would be interested in QCOM target.
Closed my AMZN short....a good trade, but going after other high flyers.

I suspect that the Naz may hold on through CSCO earnings, but bye bye after that. One of the P&F indicators turned positive on Friday...a very quick flip and very unusual to flip that quickly (it had turned negative earlier in the week). I am ignoring it as an anomaly.

Yahoo site is down, Schwab is switching back and forth between their main and backup systems....planets aligning with mercury in retrograde, entrails congealing in a bearish pattern....a convergence of negative info. OK, OK, I made those last two up.
JXM