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Technology Stocks : eLec Communications Corp. (ELEC) -- Ignore unavailable to you. Want to Upgrade?

To: Arizona997 who wrote (2)	12/20/1998 12:48:00 PM
From: TATRADER	Respond to of 330

My one consolation is that "after a long downtrend, heavy levels of volume with little price movement is usually a sign of accumulation" This is a trading principle... However, I still was upset we didn't close near the high, and fear of potential warrant conversion keeps me at bay...If there are no types of share conversion going on, this is genuine accumulation..Can you find out any info in this regard? thanks..TATRADER.. P.S. remember we break 1.56 you have a legitimate break from a rectangle pattern...I calulate about 400,000 shares of overhead to be taken out yet at 1.56..