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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play -- Ignore unavailable to you. Want to Upgrade?

To: Jean B. Roper who wrote (107)	3/3/1998 11:09:00 PM
From: megazoo	Respond to of 522

Technically, Visio is damaged for now. for companies like visio, that could spell early earning warnings. i don't believe that this is just a normal selling process, especially in this market. this thing has been going down for about a month, while the market moves higher. i have used visio products and they are great, and that should translate into good investment;but the charts tell otherwise. i would not initiate any position now. in fact, i would forget about visio for a while, since the ides of march are coming; and you know that always brings bunch of earning warnings, especially from tech companies. maybe good buying opportunity later. if not, there are always good buys somewhere.

To: Jean B. Roper who wrote (107)	3/4/1998 8:20:00 PM
From: Glenn Norman	Read Replies (1) \| Respond to of 522

Yo_Jean B. Roper............................I follow this stock very close and it broke a support level at 33.75 yesterday. I look for the stock to rally back up to 34-35 and then back off to next support level of 28 over the next few days to a week. I had a buy to cover short sale at 33 on this stock until about two weeks ago when I noticed the heavy sell volume being generated on days that the stock was going up. This is a sure sign that the big boys are bailing out by selling into each uptrend. I have canceled that order because I now believe it is possible that we will see mid to upper 20's on this stock soon. If you find any companies that sell really fine silk lined curtains, please let me know as I want to buy some of their stock as I believe their earnings are about to go UP! Salude! - Norman