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To: Boplicity who wrote (3568)9/11/2001 1:58:07 AM
From: mishedlo  Respond to of 13815
 
Greg those were good charts. PSSI had one of the best cup & handles I have seen lately with great results. Hope you got in early.

TECD has the makings of a blowout top IMHO with strong liklihood of fall back to low 30's. I see the chart as a huge short.

Let's look at FA.
TECD distributes microcomputer-related hardware and software products to value-added and corporate resellers, retailers and direct marketers. For the six months ended 7/31/01, net sales fell 11% to $8.82 billion. Earnings fell 41% to $45.8 million. Revenues reflect lower overall demand for products in the technology market and a weakening of the euro against the U.S. dollar. Net income also reflects $20 million in special charges related to the disposal of certain software.

That is from YHOO
Looks poor to me.
Is it bouncing cause the Euro bounced?
Not a reason for me to hold.

PE is low but institutions own 86%.
If one decides to sell - look out below.
A tough read but I woud take the money and run (or sell half).

M



To: Boplicity who wrote (3568)9/11/2001 2:05:10 AM
From: mishedlo  Respond to of 13815
 
Bottom Call (local bottom)
Call me nuts but within 10 days
Best guess is within 3 days
Here it is in black and white.

J6P is buying puts
cboe.com

M



To: Boplicity who wrote (3568)9/12/2001 6:33:06 PM
From: Oak Tree  Read Replies (1) | Respond to of 13815
 
You're right, IMCL has actually held its ground. Hard to understand why though the ECOG study is, I'm told, looking positive. Even so I've seen many biotechs sell off even if the results are positive.