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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Redhead who wrote (4210)5/6/1998 12:06:00 PM
From: Raymond James Norris  Read Replies (1) | Respond to of 29382
 
Looks like FAXX is going right now. Once it gets above 5$, it should take off. Looking at the chart intraday, I see a ascending right triangle that has been forming at the 4.75 level. It just got above that to 4 7/8. Since 5 is the 52 week high, I believe it has great upside potential.

Yesterday they announced a deal with Panasonic where their technology will be built into the 1998 Panasonic Fax Machines.

Conservatively Yours,
Raymond J. Norris