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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?

To: jpmac who wrote (1334)	12/6/1997 10:43:00 PM
From: stan s.	Read Replies (1) \| Respond to of 1391

GTIS, hi jp, I guess the rational assumption here would be that the news of the now defunct merger leaked out, causing the spike on extreme volume. If that's the case, GTIS was trading around 12 1/2 when the merger was announced (Oct. 6) It's been going down ever since and in fact had a pretty nice 3rd quarter revenue increase. It's at 9 1/8 now....if one felt that the Street was rational, one could extrapolate.... Chart shows resistance at 10 1/8, 10 3/4 and 12 3/8... geocities.com Gee, I wonder if flickerful's looking in? Stan