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To: SJS who wrote (12240)	2/20/1998 11:22:00 AM
From: Thean	Read Replies (3) \| Respond to of 95453

Steve, regarding pincer formation of TMAR, what that means is the range of day-to-day price fluctuation of TMAR has been narrowing as of late. If the price remain the same for say 2 weeks, then the BB envelop will become a straight tube. Its significance is hard to judge. I have seen this narrow band remaining a narrow band for an extended period of time, like when the stock is in a trading range for 2-3 months, or expand considerably when momentum suddenly swings one way or another. TMAR is not unique in this regards. Take a look at Ron's BB charts and you should see a lot of them are having this "pincer" formation.