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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (16622)	6/16/1998 10:57:00 PM
From: Johnny Canuck	Respond to of 69233

tickertapedigest.com Microsoft Corp. (MSFT) gains 3 7/8 to 89 7/8. It plans to launch Windows 98 in Japan July 25. Tape Action - Bullish. MSFT drives higher on expanding volume and good up tick volume. Stock should move higher. --------------------- Dell Computer Corp. (DELL) spurts 4 3/4 to 85. There were reports Dell Computer is in talks with Microsoft to build more custom personal computers. Tape Action - Very Bullish. DELL is in a base but showing good accumulation now. The stock looks poised to move higher. --------------- International Business Machines Corp. (IBM) fell 2 1/4 to 110. Merill Lynch lowered its forecast of IBM's second quarter earnings to $1.45 a share from $1.52. It trimmed 10 cents off its year forecasting making it $6.35 a share. Tape Action - Neutral. IBM declines but shows modest up tick volume. The stock should hold at support at 108. --------------------- J.D. Edwards Inc. (JDEC) leapt 3 5/8 to 36 3/8. It software was picked up three paper firms for use. Tape Action - Modestly Bullish. JDEC has been in a correction with resistnace at 38. TTD sees more basing work.