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

To: R. Martenson who wrote (1076)	8/31/1998 11:22:00 PM
From: TChai	Read Replies (3) \| Respond to of 5102

I chose $4.50 as a historical base of emotional panic, Actually, that's a strong support point, being the all time low established in Oct'96. It looks like we are going to test that. If she holds, especially on a one day reversal with heavy volume, then we might have a reversal day, week and month in Sep/Oct. That would be the indication that we've bottomed out. It will also form the classic double bottoms. Since the time interval between the bottoms are quite large, the upmove (if it's really a double bottoms) will be proportional to the time interval. If 4.50 doesn't hold then 2.50 is a possibility, then it's time to pawn off everything and buy. In any case, 4.50 is a good buy point because you have TA behind you.