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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: UnBelievable who wrote (8874)	7/10/2000 11:46:35 AM
From: IEarnedIt	Read Replies (3) \| Respond to of 39683

Digital Lightwave Selected to Join Russell 3000 Index July 10, 2000 11:16 AM Eastern Time CLEARWATER, Fla.--(BUSINESS WIRE)--July 10, 2000--Digital Lightwave(R), Inc. DIGL , a leading provider of innovative optical networking products and technology, today announced that the company has been included on the list of additions to the Russell 3000(R) Index issued June 23, 2000 by the Frank Russell Company. These companies joined the Russell 3000 Index when it was rebalanced on June 30, 2000. Index membership went into effect July 1, 2000 and remains in place for one year. The Russell 3000 Index measures the performance of the 3000 largest U.S. stocks based on total market capitalization. Membership in Russell's 21 U.S. equity indexes, which are widely used as benchmarks for both passive and active investment strategies, is determined strictly by market capitalization rankings and style attributes, rather than by subjective opinion or committee decisions. Russell's benchmarks are widely used to evaluate investment managers. About Frank Russell Company Frank Russell Company, one of the world's leading investment management and advisory firms, provides investment advice, analytic tools and funds to institutional and individual investors in 35 countries. Russell's investment management business employs a manager-of-managers approach with $60 billion in assets under management. The company has retainer consulting relationships with clients representing more than US$1 trillion worldwide. Frank Russell became a subsidiary of The Northwestern Mutual Life Insurance Company in January 1999. Founded in 1936, Russell is headquartered in Tacoma, Wash., and has offices in New York, Toronto, London, Paris, Sydney, Auckland, Singapore and Tokyo. Web site: russell.com. About Digital Lightwave, Inc. Digital Lightwave serves the growing fiber-optic networking industry -- high-speed telecommunications networks based on fiber-optic technology -- with products and technology that monitor, maintain and facilitate the management of voice, data and multimedia communications networks. Digital Lightwave customers include leading telecommunications service providers and equipment manufacturers. The company is headquartered in Clearwater, Florida, and can be located on the Internet at lightwave.com. Except for the historical statements made herein, this release contains certain forward-looking statements that may involve a number of risks and uncertainties. Factors that could cause actual results or events to differ materially from these forward-looking statements include: quarterly fluctuations in the company's operating results; control by a majority shareholder; dependence on a limited number of products; rapid technological changes; the company's ability to compete effectively with other companies; the company's dependence on major customers; the company's dependence on contract manufacturing and limited source suppliers; delays in product development and delivery schedules; the company's ability to expand its production and assembly operations; the company's ability to manage its growth; the company's ability to enter into strategic relationships; the company's dependence on key personnel; the company's dependence on proprietary technology; the company's success in defending significant litigation; liquidity risk and future capital needs; general business conditions; and other factors described in the company's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Digital Lightwave assumes no obligation to update information contained in this release. Editor's Note: Digital Lightwave(R)is a trademark of Digital Lightwave, Inc. All other product and company names may be trademarks of their respective companies. CONTACT: Digital Lightwave Bill Rooney, 727/442-6677 brooney@lightwave.com

To: UnBelievable who wrote (8874)	7/10/2000 12:24:37 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 39683

Following is the 5pt P&F chart for DIGL. If it hits $110, it will have one of the more bullish patterns that I follow. With the attention that the optical space is getting right now, I would be reluctant to short anything that is considered an optical play. DIGL already has a strong P&F buy signal. Current P&F price objective is $190...of course, market conditions could negate all bullish price objectives. 145 \| \| \| X O * 145 140 \| \| \| X O * 140 135 \| \| \| X O X * Top135 130 \| \| \| X O X O * 130 125 --------+-+-+-------X O X O ----* -----------------------------------------125 120 \| \| \| X O X O * 120 115 \| \| \| X O X O * 115 110 \| \| \| X O O * 110 105 \| \| \| X O X * 7 X 105 100 --------+-+-+-------X ----O X O X --------* ----------------X O X ---------100 95 \| \| \| 3 O X O X O * X X X O X 95 90 \| \| \| X O O X O * X O X O X O X 90 85 \| \| \| X O X O * X O X O X O Med85 80 \| \| \| X O X O * X O O * 80 75 --------+-+-X ------X --------O --O X ------X ------X --------* -----------75 70 \| \| 1 O X O X O X O X X * 70 65 \| \| X O X X O X O X O X O 6 * 65 60 \| \| X O X O X O X O X X 5 X O X * 60 55 \| \| X O X O X 4 X O X O X O O X * 55 50 --------+-+-X O X 2 ------------* O X O X O X ----O * ---------------------50 45 \| \| C O * O X O X O X * 45 40 \| \| X * O O X O 40 35 \| \| X * O X Bot35 30 \| \| X * O 30 25 --------+-+-B --------* ---------------------------------------------------25 20 A \| X * 20 15 \| \| A * 15 10 9 9 9 \| * 10 5 7 X 1 X * 5