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To: The Perfect Hedge who wrote (3942)	11/28/1997 3:43:00 PM
From: Michael Berkel	Read Replies (1) \| Respond to of 95453

Glen, Thean and other TA users, could you please run a check on FGII, now that it broke down the 32-30 resistance lines? (But maybe today was a "false" breakdown which should be ignored. What does the volume tell you?) According to my poor knowledge, the chart is forming a "head&shoulders" pattern, with no further support and a downside risk mirrored to the all-time-high, which is somewhere in the high teens, low low twenties. After having lost a fortune with FGII-calls, it might now be the time to loose another fortune by buying FGII-puts, only to see how the stock will all of a sudden reverse in the opposite direction, once the mood has changed and one morning everybody realises that this company has a growth rate of 166%, which is not properly expressed in the valuation of the stock. So all by all the pattern could go the same 6-months route like SANG: A steep fall from the high fourties to the low twenties without looking back. Once the bottom of 18-20 has been hit, the reversal will kick in. ????? Or do you perhaps see another pattern occuring? I would appreciate your thoughts on this one. Michael Berkel