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Technology Stocks : ICOM: Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: JimBeamII who wrote (437)	3/27/2000 12:27:00 PM
From: rpalladin	Respond to of 494

Posted this on the Yahoo board in response to Herman4045. Thought I'd post it here for information purposes Hosted by AT&T and it gave the results of a study done by Probe Research for clients such as GTE, AT&T, Nortel, Sprint, Ameritech, Intel Microsoft, Newbridge, telecordia and others ( I listed these to show how well respected Probe is in the insustry). The focus of the study was on what it takes in terms of costs to transition from today's TDM and IP networks to future networks. They grouped the networks into 3 subsections each with its own set of equipment 1. Outside plant 2. Switching office/pop 3. Core network nodes One of the conclusions reached by Probe was that within the outside plant, which is where the interface with the customer occurs, the Multiple Access Platform (MAP)was the primary piece of equipment. Because you need the most of these to interface with the customer set, their cost model showed these MAPs as representing the largest single cost that a network manger had to budget for. ICOM IS IN THE MAP BUSINESS OMNILYNX IS A MAP product and represents the most sophisticated product available at this time. So ICOM has positioned itself to be in the most lucrative segment of future network architectures. It is not risk free but the rewards can be staggering. (I'll give an example of how big the rewards can be if one is patient $10k in MFNX held for the past 2yrs=over 600K today, EXDS=over $1M today. VRSN= over 1.2M today etc etc.) Do your own DD and decide how, when and how much to invest ICOM. Hope this helps Good luck to all longs

To: JimBeamII who wrote (437)	3/27/2000 4:50:00 PM
From: JimBeamII	Read Replies (2) \| Respond to of 494

TA update ... For previous TA updates please refer to : Message 13285598 Today's volume was lower than any day last week. Despite that, ICOM closed +1/32. The volume picked up substantially around 3:20 until the close. The lower volume, coupled with the thin spread most of day, indicates the retracement and consolidation may be nearing an end. As stated in yesterday's post, the stock is in a flag pattern within a normal retracement. Most technicians think it is important that the high/low price for the day bounce off the higher/lower flag boundaries before a breakout occurs. This is to satisfy "The Rule of Five". Other technicians say the rule is not as important in a flag pattern, as in the triangle patterns. The price today did not bounce off either boundary. The fact that it closed on a positive note, hopefully, is an indication that the fifth bounce will be at the top, which will signal a breakout to newer highs. Now for the good stuff ... BOP is still 100%. TSV has leveled out now (it had turned down Friday). Most significant, IMO, the Bollinger bands have contracted and now the lower band is decidedly opening sharply. This indicator has preceded each of the last two breakouts by 2 - 3 days. The RSI is starting to point up at about 45 degrees and crossed the 50 line. This is bullish. The stochastics are at or below 20 -- very oversold -- and are starting to indicate rally. %K (17.69) is turning up and should cross over %D (23.30) with any increase in volume and buying at all, tomorrow. Finally, OBV is turning up. The current technicals, IMO, are stronger than they were in the preceding two rallies. This is probably because each of the prior rallies gapped-up on speculation and never did retrace to fill those non-breakout gaps. With the current conditions, the chart looks much more "natural" and I think much stronger. Bottom line? ICOM has set itself up well for a rally. Whether we need to bounce of the upper/lower flag boundary again is to be determined. I think, based on all the other improving indicators, ICOM will begin its rally sooner rather than later -- perhaps before the end of this week. A caution: despite the improving indicators, be aware the stock is in the flag pattern and could break out eithr way, per yesterday's post. However, given the technical improvement, I would be surprise if it dropped through the bottom. The above is based strictly on what I may or may not know about Zen and the art of reading tea leaves. Good Trading ... jbii