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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (31114)	5/1/2000 2:26:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 63513

Hi Gary, the CMTN chart looks pretty good. If it can stay above the 50 dma at 85 or so that will be constructive. It looks like the decline was from 115 to 49, or 66 pts. .618 * 65 = 40.788 add that to 49 and you get to about 90. so there has been technical selling there. CMTN also had a horizontal resistance area in the very low 90's so it's got some work to do to get through it. Until CMTN get's through this low 90's area, it's vulnerable to a pullback if we see one in the broader market. --------------- Speaking of DSL you know that 15 to 40$ worth of BRCM's content goes into 80% of the cable modems and digital set top boxes shipped worldwide, according to SSB Estimates? As Broadband rolls out that's lots of product to move. John -------------