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To: fedhead who wrote (10415)1/24/2002 7:23:29 PM
From: techanalyst1  Respond to of 57684
 
The chart is either just a trading range or a large descending triangle.

Can't tell what will happen with earnings releases on a chart all the time. Merq had broken support and look what happened to that one (although it was oversold).

Plus on top of that.... vrsn was holding near it's April lows as were the other software stocks. Just looked ugly with lower highs while other software stocks were rallying the other way.

We'll see how it works out. Maybe just trades in a range for a while.

TA



To: fedhead who wrote (10415)1/24/2002 7:57:23 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
Microsoft abandoning Ultimate TV, sells it to Murdoch:

interactive.wsj.com



To: fedhead who wrote (10415)2/4/2002 3:46:31 PM
From: Bill Harmond  Respond to of 57684
 
14:46 ET GNSS Genesis Microchip defended by SG Cowen (57.04 -2.76)
SG Cowen reiterates Strong Buy rating after stock falls in reaction to Barron's article. While firm sees STM gaining some market share over the next yr, GNSS will remain by far the dominant player. Says that last yr the concern was that Taiwanese firms would undercut GNSS margins. It turned out that co's margins actually increased.