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

To: Doug R who wrote (10880)	1/19/1998 8:09:00 PM
From: Michael L.	Read Replies (1) \| Respond to of 79270

Doug, could you take a look on MCOM. It is in a process of downtrend breakout. It is also back to its first uptrend line from Aug - Sept. With volume (if it will get it) conformation it has a good chances to go up. Fourth quarter earnings are coming out in the beginning of February. There is a good chance it is turning profitable. Any thoughts? Michael

To: Doug R who wrote (10880)	1/19/1998 8:36:00 PM
From: coaster	Read Replies (2) \| Respond to of 79270

Doug, I think this one may be ready for a breakout, APMC, stochastics creeping up, RSI and MO moving up pretty nicely, what do you think? Kel

To: Doug R who wrote (10880)	1/19/1998 9:03:00 PM
From: Hank	Read Replies (2) \| Respond to of 79270

Doug, From a FA standpoint, ASTN looks pretty poor. It appears to be a relatively new company that has yet to make any money (lost 0.72/share last year). Market cap is 13 million. 0.6% owned by institutions. Only 68K avergae daily volume. No analysts following it, hence no consensus on what future earnigs may bring. The only positives I see are recent alliance with China and the wireless industry. ASTN markets internet based trading systems for the financial markets. I think both China and wireless communications will prove to be huge areas in the online trading arena in the near future. Any activity in the stock at this point would probably be speculative based on these possibilities. I haven't checked my TA indicators on this yet but when I do, I'll let you know if it looks promising. At this point though, it doesn't look to have the right mix of TA and FA I like in a trade. Hank