Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: Bipin Prasad who wrote (1021)	8/25/1998 5:59:00 PM
From: TOM E WALTERS	Respond to of 5102

i follow about 20 tech stocks each day. just about everyone was low volume today, except DELL: 19.5MM shares!! low volume on INPR probably has no meaning...maybe summer doldrums.

To: Bipin Prasad who wrote (1021)	8/25/1998 11:09:00 PM
From: Sam Scrutchins	Read Replies (2) \| Respond to of 5102

This ultra thin volume shows we are bottoming up: Most sellers are out. So if Del delivers better rev#s, it'll gap up for lack of volume. Well said, Insook. I don't think the TA is at all resolved on this stock in the short term. However, the daily chart bigcharts.com suggests two reveral scenarios: (1) The stock is forming a reversal symmetrical triangle which will have a breakout on the up side. (2) The stock is forming a more complex tradtitional TA pattern call a fan, from which it broke up out of (albeit marginally) today to complete the second of three or four fanlines (flater trendlines). On the weekly chart (still limited by the lack of historical stock data from Borland), bigcharts.com Insook's perspective is compelling. The stock bottomed on relativly high volume, followed by a small recovery with respectable volume. This subsequent pullback, even with a very significant market tank, has generated virtually no selling presure and still resides at a higher low. There seems to be a change in the buying patterns for this stock. I cannot really define it, but the tone 'seems' more postive and less dismal. A lot of good technical press has come out positively on Inprise's behalf recently. While there is concern that Microsoft has already beaten Inprise, I nevertheless sense that investors have stopped having declining expectations of the stock, and now give the company a fighting chance for future prosperous times. I think the charts support this viewpoint. JMHO, SAm