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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: in_cog_nito who wrote (23983)	2/27/2001 9:34:27 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

InCog RDRT has a 3 to 1 chance of going back to 7. I'll hold the short position for that target. The current downtrend was only broken for a day by the Barron's article. There does not be anything on the horizon to change the downtrend again. PCOM broke the 2 1/4 at the end of the day. There were some trades at 2 3/16......SO, it may end up filling the gap anyway. damn!! I'll be there if it does as the upside aat that point is minimal. Earnings are due the 10th of May. Expectations are for .02 from break even last Q. If they surpise by even a penny then we may get the pop to the 50dMA at 3.50...Interestingly, money flow has been improving. There were some impressive buys (75k shares) yesterday at 2 5/16. The WCII news today was interesting re:PCOM too. Note that the CEO said that they would be taking out some of the smaller players in fixed wireless...maybe PCOM will be one of those players..just speculation on my part. Ken