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Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: w2j2 who wrote (144)	11/13/1998 1:16:00 AM
From: Thomas Scharf	Read Replies (2) \| Respond to of 788

Take a look at the EMLX chart. The price has quadrupled in 4 months! Sill hardly a peep here or on the Yahoo boards. Who or what is driving this? During most of that time, typical weekly volume was 50-60K with spikes up around 250K. The last 5 weeks have averaged more like 175K with a range of 124-211K. Today over 300K shares traded. I know next to nothing about TA, but it sure looks bullish to me. Rising price on rising volume. Any TA folks out there who would like to comment? Thomas