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To: Mark Bartlett who wrote (6035)12/3/2000 8:39:36 PM
From: Montana Wildhack  Respond to of 14101
 
Mark,

Just let me put my calculator away.

I got the impression although I don't want to put words
in his mouth, that CalGary was optimistic too.

In truth I looked at every indicator I know of and they're
all positive (as long as we're not worried about headroom
on some of them <ggg>).

Going at it more slowly. I projected the trendline to
Friday and see a necessary 8.40 close minimum. That happens
to be a resistance point as 'you know who' posted on SH.

The ADX line now is sloping up confirming we're in a trend
and the MACD is not far from vertical.

I see it as 60-40 that we test the 7.25 and don't believe
we'll break below. The 200 day at a quick glance looks
around 7.40.

With higher volume on Friday, and two minor retracements from 7.95 and then 8.00, I agree with the chief we'll
break up above 8.40 somewhere during the week.

Sometime after next week the honeymoon period will be over
and I think would start somewhere towards the end of the
second full week in December.

Next week would be good. If its not the week after that,
I expect to see that start reflecting in the stockprice.

I could use your prediction being right. It would be
psychologicaly better for me to be looking at larger numbers while I wait.

Bilbo



To: Mark Bartlett who wrote (6035)12/3/2000 9:30:11 PM
From: DaveAu  Read Replies (1) | Respond to of 14101
 
<<Here is a prediction from me - if we get a UK partner
announcement this week and the market likes it AND it comes with
some decent up front $$$ and royalty numbers, I think we will be
knocking our heads at the 12 dollar resistance level very quickly.
>>

Mark, Here's my counter prediction. When we get an announcement, both the royalty numbers and the up front payment will be kept secret. Anyone expecting otherwise will be sorely disappointed. We'll eventually find out how much the up front payment is when the Q3 results come out at the end of April. We may be able to compute the royalty levels once sales come in but we won't be sure that the royalty will stay level as volume increases.

Dave