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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Esteban who wrote (6778)	10/30/1997 5:37:00 PM
From: Instock	Read Replies (1) \| Respond to of 79281

Esteban: CHAT/VOXW: I decided to get in CHAT today as well. I like the Chart, and the recent Press and improving fundimentals. CHAT defied the market again today, closing up 1/32. Looking at the chart for CHAT, it appears that CHAT was NOT hurt by the Market correction on Monday but did take part in the recovery on Tuesday and Wed. I therefor feel the downward risk is LOW, and the upward potiential is great. Yesterday the several indicaters on my Chart program showed a reversel to the bulllish side, which started on Tuesday. Other indicaters were on the verge of going bullish. I will not know till later tonight if that 1/32 gain today was enough to push the remanding indicaters bullish. I would suspect it was. The volume is staying strong as the price increases, and that is a good sign. The last reported quarter ( 1st Q 97 ) was one of their strongest reported quarters, showing large improvements across the board. The Press Release that came out yesterday ( Wed. ) indicated another very strong quarter and should show yet greater improvements in Earnings, Revenue and Income for the 2nd Quarter 97 The 2nd Quarter 97 Earnings coming out in apx. 3 to 4 weeks should beat 2nd Quarter 96 earnings by a wide margin. I don't know if you have seen the Post by Radar yesterday, its a must read!! Very good!! Doug's TA says it should hit $2.00 in a short time frame. Some interesting information can be found at ChatCom's Home Page: jlchatcom.com VOXW: I once knew a bit about the company but have since lost track of it. Instock