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Technology Stocks : Micro Linear (MLIN)? -- Ignore unavailable to you. Want to Upgrade?

To: Dan Nguyen who wrote (1467)	3/15/1998 2:45:00 AM
From: WalleyB	Read Replies (1) \| Respond to of 1675

It's down little bit because of the bad day for semiconductor sector. It is encouraging because the volumes have been up in last few days. I hate to sound argumentative, but the stock is down because earnings are going to be soft at the end of this quarter, the Volume being up is indicative of people selling if the price went down at the same time, and on the heals of the news I'd say that makes sense. It is interesting however that the price did not sink all at once to 5, like I think it will before we see it head back up, if and when it does. When we saw the graph a while back it formed a double bottom and advanced to th low 20's which was the only tome it had done sop since the tech ralley of 95. Now it's down again and itsn't interesting that when the graph is seen taking in the year prior to 95 until now we see a double top. This last advance being that top. How long before the stock picks up and recovers. I am not a TA buff or a master of it by any means, just writing out loud here as it were. But anyone have any ideas about the length of a recovery based on the width of a double top? jim