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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: ted quinn who wrote (10892)	5/8/1998 3:30:00 PM
From: Rob C.	Read Replies (1) \| Respond to of 14577

FWIW The open interest on the May 7.5's is 2512...I would bet the house that SIII will close at $7.50 next Friday. The chart looks very nice and I am thinking we could see 10 by mid-summer. Support is around 7.125 and the resistance is around $8.50. Regards, Rob

To: ted quinn who wrote (10892)	5/8/1998 3:42:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 14577

Ted: The chart looks good... I think we are seeing the final selling before the next up move... It happens all the time... A large last gasp of selling before a stock starts heading higher... There is good 13 day MA support in the 7 1/4 to 7 5/16 area... We should see it bounce from there... Nothing has changed fundamentally... In fact, new product deals should be very positive for SIII... Don't let the sharks take away your shares... Jim