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Technology Stocks : Cayenne Software (CAYN) -- Ignore unavailable to you. Want to Upgrade?


To: stock talk who wrote (735)2/26/1998 5:09:00 PM
From: G. H.  Read Replies (2) | Respond to of 1096
 
S.T.

I spoke with Jay a few weeks back, I don't know if he is still here,
maybe on lurk mode. I viewed yesterday as a wait and see sort of
day. Well I waited until this afternoon and added more at $2.25
I am not sure if we will pop up until we get closer to 1'st quarter
earnings, either way I still have some more buying to do. I took profits
in AURL yesterday and today so I am going to put that to work. I
noticed that S3 showed some life today, wonder why?

Take care

Henry



To: stock talk who wrote (735)2/27/1998 1:37:00 AM
From: Jay Hartzok  Respond to of 1096
 
Frank, Still here, still holding, and like Henry said "in lurk mode".

FWIW, I ran some TA the other day when the stock was moving and came up with the following. To be comfortably "out of the woods" we need to close with a bid price of 2 9/16. Until this materializes, there is a risk of retracement to the 1 3/4 level. Once we cross the 2 9/16 threshold, we have moderate resistance in the 3 dollar range and of course we still have the heavy resistance at 3 1/2. Mark's software could calculate this better than mine, but I estimate that we still have about one million shares of overhead to get through before we break though to the 2 9/16 level.

Of course, as we all know, TA is not infallible and can change daily, so I can be dead wrong on this. That's why I said "for what it's worth".

Good luck, and I hope this turns into a winner for all of us.

Jay