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To: Nimbus who wrote (6322)2/20/1998 2:51:00 PM
From: James Strauss  Respond to of 9262
 
>>>TNCX is going to announce a big Video-on-Demand deal next week ... check out the chart it is surging today.<<<
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Thanks tmrent...

TNCX is about to form the right shoulder of a Reverse H&S formation... The right shoulder sits at 6 5/8... A break through that level on a closing basis would be very Bullish... I suspect it will base in the 6.00 to 6 5/8 area for a while... If next week's news announcement doesn't break it above 6 5/8 it would be time to sell...

Jim