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 : Inference Corporation--Growing 100% and still inexpensive -- Ignore unavailable to you. Want to Upgrade?

To: zTrader_77 who wrote (1074)	12/12/1998 5:16:00 PM
From: BYRON S DOHERTY	Respond to of 1246

The key point that could be made here is that it broke the 9 barrier twice. It has not done that since Oct 1996 when the stock crashed, and when it was a $20+ stock. And it has broke the volume barrier twice, which it has not done so since 1996. The past two years I have been watcing this stock the resistance levels have been 6,7,and 8. It seems everytime it would break the resitance levels it would it would always fall back. And it would fall back because institutions where not buying, it was INFR purchasing back stock, which drove the stock up and caught speculators on board to go for a quick ride. But back then It was all management problems, and by looking at a 30 month chart, things look promising. A new pattern has developed that INFR has not seen since 1996.

To: zTrader_77 who wrote (1074)	12/14/1998 3:37:00 PM
From: Trader Harvey	Respond to of 1246

Relax! The charts, especially those over 6-9 months, are useless here as the management, the board, the primary investors and the strategic story have all changed. The only way this stock can move meaningfully higher on a sustained basis is for Jepson to deliver on his forecasts for the next 2-3 quarters--especially his "blowout" quarter, or for some dumb money to come into this stock (which will only disservice longer-term shareholder interests). The additional institutional interest, market makers and potential new analyst coverage collectively will serve to make the current range of 6.5-9 a very solid base despite the downside I see for the market as a whole. Once Jepson delivers a "blowout," the stock can move into the teens --roughly a double within 9-12 months.