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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (18394)	6/11/1998 4:38:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79284

Alski, I understand your concern but ELGT is a holding co. and as such I expect that they don't get too meddlesome in the managerial affairs of the cos. they own. ELGT has been veering toward a telecom focus for a while now and for them to dump the cosmos deal in favor of this could mean they found something overwhelmingly positive in doing their DD. That's my impression anyway. Also along telecom lines: AINN held its ground very well today. Not only was the market miserable but the telecom supply sector was really miserable. Then there's GTNR. Cube's supposed to be watching that one I think. Doug R