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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: D.B. Cooper who wrote (4530)	8/21/2000 11:01:14 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

I have not managed to get back into EMLX, unfortunately, keep missing entries, but I did just get back into SCMR (pray for me, it could drop just as fast as it is rising) at $160-3/4. I also got back into QLGC earlier at $95.125, paying the piper alright. Zeev

To: D.B. Cooper who wrote (4530)	8/24/2000 9:56:32 AM
From: D.B. Cooper	Respond to of 30051

closing out my VSH experiment with 18%. SSTI and SNDK doing quite well. Now if we are going to discuss stocks that have hit the bottom of their trading channel this one deserves a look. askresearch.com askresearch.com now on the last chart I think we have broke the cup and handle Wednesday, August 23, 2000 CRDS still on the move --12:45 pm - By Michael Baron Crossroads Systems (CRDS: news, msgs) is zooming 1 13/16, or 17.3 percent, higher to 12 5/16, building on a plus 40 percent gain in Tuesday's session. Volume is extremely heavy with 8.97 million shares changing hands at midday. The Austin, Texas, storage router firm generated buying interest by becoming the first company to demonstrate server-free backup capabilities using InfiniBand technology. Crossroads made the demonstration at the Intel Developer Forum. InfiniBand is a next-generation, standards-based switch interconnect technology designed to boost data transfers. Crossroads said the demonstration used its intelligent storage routers along with Computer Associates (CA: news, msgs) ARCserve 2000 software and technology from Intel (INTC: news, msgs). www2.marketwatch.com However this one seems to be carrying some baggage Kaplan, Kilsheimer & Fox LLP Announces Shareholder Class Action Suits Against Crossroads Systems, Inc., Anicom, Inc., MTI Technology Corp., and Unify Corporation, Inc. August 16, 2000 03:56 PM Eastern Time NEW YORK, Aug. 16 /PRNewswire/ -- Kaplan, Kilsheimer & Fox LLP has filed Class Action lawsuits against the following companies at the request of shareholders who purchased during these class periods. If you are a purchaser of the following securities during the stated time periods, you may contact us to learn more about these cases and about your rights as an investor. Over the past three decades, Kaplan, Kilsheimer & Fox LLP (http://www.kkf-law.com) has actively participated in prosecuting investor class actions and actions involving financial fraud in which substantial recoveries were obtained. Crossroads Systems, Inc. CRDS : Class Period: June 2, 2000 and July 26, 2000: The complaint alleges that during the Class Period, defendants knew, but did not disclose to investors, that the Company was experiencing severe problems with its interoperable Fibre Channel storage routers. These problems had gotten so bad that by mid-July the Company was forced to cease shipment of the routers. On July 27, 2000, the Company disclosed that its revenues would decline from the previous quarter's revenues by 66% due to the halt in the shipment of the routers and the cancellation of a large order at the end of the quarter. When the truth about the Company's business was finally revealed to investors on July 27, 2000, the price of Crossroads common stock lost more than 50% of its value in one day, falling to $6 3/8 per share. The complaint alleges that as a result of Crossroads' misrepresentations and omissions, the price of Crossroads' stock was artificially inflated during the Class Period, and investors who bought the stock were damaged thereby. The action seeks to recover for investors the amount they overpaid for their common stock during the Class Period. Anicom, Inc. ANIC : Class Period: April 29, 1998 I have not taken a position yet but watching closely Good Luck