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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (1075)	4/2/1998 11:49:00 PM
From: Dana Johnson	Respond to of 1119

I agree on the bullish chart. If you look at a weekly chart, it is easy to see the upward trend since last october. We are sitting at the top of the channel right now, it has been tested twice so far this year. It looks very significant, from this standpoint, if we can push through $6 over the next day or two. If we do this, I think $9 to $10 is very plausible. I hope the price ramps slowly, because I do think it is a strong long term play (1-2 years to over $20). But if increased analyst coverage and institutional support is coming over the next month or two, we'll see one heck of a surge short term. There are plenty of folks trying to frontrun that curl. dana