Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?

To: Wayne who wrote (2086)	1/21/1998 12:29:00 AM
From: Gary105	Read Replies (1) \| Respond to of 7111

What to expect if bullish case persists: If earnings continue according to posts, I expect the following: 1. A cup formation (ie we've already dipped down to form left side of cup, continued basing in this area could form bottom of cup and also an inverted H&S formation). Move upward would then form right side of cup. 2. Breakout to new highs with pre-earnings (either with Q1 or Q2 at latest). 3. A high of about $33 near end of this calendar year which would fit both earnings and trendline from May to December (ie about 1 1/2 points a month) - this trendline indicates $15 in Dec 97, 16 1/2 in Jan 98, 18 in Feb 98 - the cup puts us below that short term, spring breakout may put us back on line. Again this is the bullish case, dependent on continuation of good earnings (so far so good) and all imo. Gary

To: Wayne who wrote (2086)	1/21/1998 9:56:00 AM
From: Hank	Respond to of 7111

Good idea Wayne. I left the catalog at home, so I'll have to post it tonight. However, I still have to go out and manage to find a Lunker Bass.