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To: LiamCK who wrote (11966)2/9/2000 8:20:00 PM
From: Thean  Read Replies (4) | Respond to of 14427
 
Liam,
TIBX's deal with PHCM may not be the end of an expected series of announcement. They did a deal with CSCO just 2 days ago. It appears that their software offerings occupy a wireless connectivity niche that is exploding and TIBX stands to be a clear leader in this space. TIBX is going to split 3:1 on Feb 22 so I think TIBX will ride a very big up surge in the coming weeks. Near term, the support is at 180 - 184 but I think it will take a 10% Nascrap pounding to get there. Reuter's 60% stake in TIBX is anything but insurance to the legitimacy of its business. Longer term (one month out), I'm not as positive as I look at all these B to B stuffs and most of them are now off 30-50% from their peaks of just a month ago. Things come around and go around very quickly in this manic Nascrap market. The semi's are just about peaked out short term I think.

ELTX - chart shows it needs to close above $14 1/4 before a breakout rally can occur. Short term support can be found at $11 and then $9 5/8. The congestion pattern of recent days has to be broken through very soon or else it will likely first test these support levels. BTW, ELTX is going to lose $1 next year and how are you supposed a service oriented tech company is going to keep its stock price up? I am not comfortable at all.

OPMR - another successful day of higher high. I say it successfully held support at $29 once again in the current cycle. JHR, did you get any OPMR this time around?