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To: Zeev Hed who wrote (38810)3/23/2000 4:05:00 PM
From: Orion  Read Replies (2) | Respond to of 93625
 
Zeev
As I told you I am not a TA specialist.
Nevertheless I do not see strong contradictions between your analysis and mine.
I have written:
"A come back under 300 is always possible these days" and
"Communications Wins... stock should reacts positively may be over 400..."

Like you I believe 400 will be a very strong resistance and short term speaking the stock should stabilize between 350 and 310 usd.
If important news (including Communications wins) then will likely see it reaching the 360-400 range, and if strong enough may be over 400.

I already listed in a previous message the different news that could influence positively the stock short term, I will not bother everybody doing it again.

Nevertheless one of these news happened yesterday : Edelstone finally speaking.
If I recall correctly I anticipated this target of 500 usd.
This is very clever, he did it at the right moment to maximise his effect.
To announce a 500 target when the stock is at 266 and you will look more "visionary & bullish" than doing it when the stock is at 445 when everybody in Wall Street is waiting for a decrease.
Seems basic isn't it ??

Are we so in disagreement ;-)

Orion
LongNoSalesNocry.Ram