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

To: Bob&Carolyn who wrote (8806)	12/4/1997 8:31:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 79561

Hi Carolyn, I'm not the TA pro, but the MLOG chart does not look very inviting to me. Having said that, go back to mid-Dec 96 when they announced earnings. You'll notice that the stock moved up sharply for a few days and bounced around a bit before heading into its 8 month decline. Earnings a expected to be released after the bell on the 16th. I have no idea if they're going to meet analysts' estimates, but I'm optimistic (especially since I still own some shares) ! Regards, Chris