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To: David who wrote (2212)	2/22/1998 12:58:00 PM
From: SirAlexx	Read Replies (1) \| Respond to of 3506

Below is a post copied from Motley Fool forum on AOL; wherefore the messenger is someone other than myself. The warning is that a close below 19 will do severe damage to the technical picture of this stock, and because David, your local TRmB cheerleader refuses to allow anyone to see both sides, perhaps an independent analysis will protect others from taking the advice of the likes of David... Subject: Pennant-intermediate term Date: Sun, Feb 22, 1998 01:02 EST From: DASG Message-id: <19980222060201.BAA11076@ladder02.news.aol.com> Well... back to ta. Since the break of the intermediate term trendline and 50 day ma we seem to be forming a pennant. The flagpole is the April 97 to Nov rise from 12-24. The wse have an intermediate downtrend such that we have progressively lower highs at 23,23, and 21 and a flat base at 19. This is considered a consolidtion pattern and the technical expectation is for the pattern to resolve to the upside. Of course, it can resolve to the downside ie: break out of this triangle to the downside. Let's look at this for a minute: On the downside--we have had a fair amount of selling in the 21 area. Sobody is unloading stock. Who? Shaking out of weak longs? Accumulation? Distribution? Depends on whether you think this price is low or high but basically we've got sellers coming in at 21 and people stepping up at 19 now. If 19 is broken and the 200 day line is decisively broken then we've got more than an intermediate term correction. So this is a good and very nervous place to buy. Since price anticipates news, we would expect bad news to come out sometime in the next month or so if this is the case. A sour note is the drop of 1 5/8 on good volume. That is not technically good. On the upside--the usual technical expectation is for a consolidtion pattern to resolve in the direction of the larger trend which has been up. Earnings are projected for 95 cents which at a pe of 30-40 supports price in the 30-40 range within the next 10 months. Almost all news coming out has been in the trend of good news. The next week should be interesting and important. Of course, if price wants to meander in this apex of the pennant for a while longer, it can certainly do so. Hope this helps, best, david g. p.s. Richard, what is your take on this?