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 : Intersolv News -- Ignore unavailable to you. Want to Upgrade?

To: Michael L. Busser who wrote (1021)	8/31/1998 3:06:00 PM
From: Arrow Hd.	Respond to of 1069

Look at some of the other Y2K stocks like VIAS trading today at 6 and change. It was in the mid-teens a few weeks back. 50% hicky too just like a ton of other issues. So it could be argued that the merger is helping support ISLI. I still think it will happen. As I mentioned earlier, I think MIFGY will test 26 though this is only a moderate support level. Key support was 32 - 33. Why the focus on support and technical patterns? That is what is now driving this correction. Barron's had some interesting articles over the weekend on this subject. The only buyers are people looking for a trade. Bottom fishing is still too risky. Anyway, if MIFGY breaks 26 then the next key support is the 20 - 22 level. Back to VIAS, if I recall their fundementals when priced at around 14 were better than ISLI at 16. So if VIAS can fall to 6 and change where might ISLI be now without MIFGY. Obviously, we dont know but I honestly think it could be lower than 11 and change. I know some to the people on this thread follow VIAS so some other views on this would be helpful. Thanks in advance.