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To: David E. Taylor who wrote (113224)2/13/2002 8:47:15 PM
From: Keith Feral  Respond to of 152472
 
<anything can happen in between>

-BREW is launched on VZ handsets
-1xEV notebooks are launched by Compaq with BREW chips
-China starts shipping handsets by March
-Wireless 1xRTT/1xEV in US cities competes with fixed services

I was really impressed with the slide show from the Shareholder Meeting about BREW. They are beginning to come up with interesting game titles that people could play on handsets or computers. I would much rather pay $1 or $2 to play a game and not have to worry about buying gaming titles for $15 or $20. Educational games for children would be a no-brainer since kids want to play different games.



To: David E. Taylor who wrote (113224)2/13/2002 8:47:16 PM
From: Caxton Rhodes  Read Replies (2) | Respond to of 152472
 
David:

I would call it a giant falling wedge, which would be bullish. What determines a wedge is its noticeable slant. The slant is against the prevailing trend, therefore a falling wedge is bullish.

However the wedge formation typically lasts from 1 to 3 months, not two years, according to Murphy's book from which I quoted above. However, we were in the midst of a bubble, so maybe it should be called a "bubble burst falling wedge" (BBFW) ;-). It does culminate in the low 20s in the October time frame.

I am hoping that tomorrow is the beginning of the run that tests, and eventually breaks that wedge. The sell-off on Friday with over 50M shares traded, I think was capitulation.

Cheers,

Caxton