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Technology Stocks : Applied Innovation (AINN) - Network Mediation Systems -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (201)	4/24/1998 11:07:00 AM
From: Venkatesh Nakkala	Read Replies (1) \| Respond to of 468

I think it may be the disappointment over the BIG partner not being announced...maybe some guys were expecting hints about the partner now and so baled out.... Venkatesh

To: majormember who wrote (201)	4/24/1998 5:32:00 PM
From: Loren	Read Replies (1) \| Respond to of 468

Skane - My read on AINN (from a TA perspective) is as follows: 1. Weekly data - AINN is at a hold... Not buy, but not sell... 2. Daily data - AINN gave a bearish divergence (sell) signal yesterday with my RSIavg indicator. New highs had been made, with no new high on the indicator, and then a downturn (and of course, bad news, or what some see as bad news)... Normally, I work off of weekly data, and if I had this time, I would have held for at least another week to see if the weekly uptrend continued. However, I am trying to err on the side of too much DEFENSE, and so I sold my position early today. If I'm wrong, I have no problem getting back in at a higher price. To me, it's all about batting averages, and return on investment. What I CAN'T afford to do is let the money sit while the stock goes down, or sideways. I have to have the money working... Loren