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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (27679)8/22/2000 12:57:37 PM
From: Return to Sender  Read Replies (2) | Respond to of 68361
 
Harry, I just bought 3000 shares of an embedded systems stock PASW at 2 13/16's. The company really hasn't done much yet but the stock looks like it is just about done basing to me. I've traded it very successfully in the past so I thought I would bring it to your attention now.

bigcharts.com

Float is only 1.2 million shares so if they ever do announce something significant the stock is set to run higher in my opinion:

biz.yahoo.com

The market should get more interesting after we hear what the FED has to say.

RTS



To: Johnny Canuck who wrote (27679)8/22/2000 3:04:47 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68361
 
13:13 ET Harmonic (HLIT) 30 3/4 -3/8 (-1.2%): CNBC reports that ADC Telecom (ADCT) has no interest in making a bid for HLIT. Harmonic shares have run up from $23 level traded last week as rumor of a potential ADCT buyout made its way through the market.

12:35 ET Tellabs (TLAB) 55 3/8 -2 9/16: -- Update -- Hearing that Lehman Brothers has been out in defense of the stock; Street still trying to explain the decline; see Story Stocks for Briefing's take.

12:13 ET EXFO (EXFO) 62 3/8 +3 (+5.1%): Company launches new FOT-700 Fiber-Optic Tester for fiber-optic installation and maintenance applications at NFOEC 2000.