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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: The Insider who wrote (3158)3/13/1998 12:56:00 AM
From: DanZ  Respond to of 6565
 
Insider,

Informix's bollinger bands are narrowing, setting up a breakout one way or the other. The stock has been holding above the middle band at 7 1/2 and it has more support at 7 on both the daily and weekly charts. A close over 8 1/8 would complete an upside breakout and I would raise my target to 9 3/4. On the other hand, if it closes below 6 3/4 then it has further risk to 5.

I'm always open to discussing any stock that you are interested in, but rather than taking up space on the VLSI thread it might be better if we move our discussion to the Z thread. Are you still watching GWRX? It's up to 8. I took the 1 point profit at 7 several weeks ago so no complaints from me.

Take care,

Dan