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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (1081)6/6/1998 7:46:00 PM
From: Greg Butcher  Read Replies (2) | Respond to of 1720
 
OH no..Please Doug stay in your own camp...you are not a Rational Analyst..Infact YOU are not any kind of an Analyst as proof by this
ridiculous analysis..... exchange2000.com

I see from other posters that they have had the same observations as I have.... as per this post...

exchange2000.com

"There goes the neighborhood"



To: Doug R who wrote (1081)6/8/1998 4:19:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ TFCE ]

It seems to be holding up pretty well despite the near term overbought state it experienced. I was watching this quietly from the sidelines because it had that Ascending Triangle-like formation to it. When the price was caught near the upper Bollinger Band though, I hesitated to think it would go higher. The lack of follow-through volume is the biggest concern. It could fade.

The recent runup though was curious. The timing of the earnings release and the runup had little overlap, which was curious IMO. The company's debt levels are unusually high, and I was concerned with the company's aggressive move to reduce their bad-credits reserve to boost their cash flow. I may not understand the company.

Revenues have stabilized and have started moving up in a positive trend. Recent insider buying is a plus.

If this exhibits further strength, the target will be $4.00 peak.

Regards,

Rainier