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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (9975)	4/20/1998 2:33:00 PM
From: Ghassan I. Ghandour	Read Replies (4) \| Respond to of 10836

Are you saying that this cup and handle thing appears when you do adjust the numbers (closing prices, I suppose) to take proper acoount of that? I only believe in TA when it is supported by fundamentals. Anyway, as I said before, I am well placed to take advantage of this rally. If the price however goes two points above that of NOVL before I see the earnings and therefore justification of the move, I would switch back to NOVL the money that I transfered two weeks ago as I sold some NOVL at 10 7/8 to buy BORL at 8 15/16. This is the way I work out in my trading account, keeping my core positions always untouched. It has worked great so far, for me. The most impotant discipline I have is NOT TO FALL IN LOVE WITH ANY STOCK (except maybe CYBE) and never to be carried away during rallies (I am not a momentum investor - not at all, it is not my style). Go BORL... Ghassan.