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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (5364)8/4/1998 6:12:00 PM
From: Judy  Respond to of 34811
 
Gary,

CSCO has technical resistance at 97ish and I expect it to consolidate with the market for a month or so. What would be is a reasonable 6-9 month target, given today's earnings report?



To: The Phoenix who wrote (5364)8/4/1998 10:24:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34811
 
Gary,
Didja see the announcement about NT relationship with XYLN?

biz.yahoo.com

Could this be a preview to NT's future acquisition plays? They could even consolidate operations with Micom. There would be great entertainment value of having Steve Kim and JR (and Yuri too!) in the same building again (little bit esoteric, I know, I'll stop).

So what do you tink? Are they looking to round out the product portfolio in a big way or are they just dabbling?

XYLN's chart looks good even though the stock went down $1.50 today. Relative strength is positive and no real resistance until $31.

Of course, all of this is meaningless until the market decides to play nice. In other words, not a TDT yet, just something to look at while we are waiting.

Did you get rid of any of your ASND?
Tom