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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: PMylnar who wrote (1568)	11/24/1997 12:22:00 PM
From: Cosmo Daisey	Respond to of 3441

PM, Amateurs, pros, lurkers, investors, shorts, longs. The chart tells the story and the story in todays action is the stock has failed to recover from the latest move down. The last support level was 25 1/2 and todays resistance at 24 1/2 is a full point below that support. It will be interesting to see what kind of expose AVNT has with Japans' largest brokerage company out of business! This sure is an interesting stock and I think today is a shorting opportunity and you think it is a buying opportunity. Bears and Bulls at work. Coz

To: PMylnar who wrote (1568)	11/24/1997 1:06:00 PM
From: santhosh mohan	Read Replies (1) \| Respond to of 3441

Guess I am an "amateur" in this stock on the short side. Do you have any insights into the late day rally from the lows on Friday, Nov. 21, and the rally today. You indicated that you covered your short position on Friday (?) and felt that the stock could go upto the 30's. From the chart I see that in late April AVNT did indeed rebound from 20's to the 30's, but not before hitting 10 per share. Is there any possibility of AVNT being involved in a merger/takeover or is there just too much legal baggage? Any opinions, especially on their business strengths and weaknesses would be greatly appreciated.