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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?

To: dfs405 who wrote (5316)	1/19/2005 9:23:22 AM
From: HoodBuilder	Read Replies (1) \| Respond to of 7682

StreetInsider.com UPDATE: YDI Wireless Inc (Nasdaq: YDIW) continues its advance. The stock is up another 65% today following a 64% move yesterday. Here what we know: 1. YDI Wireless, Inc. (Nasdaq: YDIW) was to merge with Phazar Corp (Nasdaq: ANTP) and Phazar was to become a wholly-owned subsidiary of YDI; 2. On 11/18 Phazar called off its merger with YDI Wireless.; 3. On 11/18 YDI owned 20% of Phazar stock; 4. According to a filing on 12/07 YDIW sold all its shares in Phazar; 5. Phazar's stock closed at $5.82 the day the merger was called off and is now at $53; 6. There is some suspect speculation that Phazar may now go after YDI.