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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Bob Biersack who wrote (25078)1/7/1999 3:33:00 AM
From: Doug R  Read Replies (2) | Respond to of 79477
 
Mr. Cat,

I just read a piece in a monthly internet industry publication that ALTN has some sort of killer hardware thingee that adresses scalability in a top-notch fashion. Considering that the backbone of the internet is server type stuff and that there's a huge rush underway to have the necessary hardware to establish a serious internet presence, it may be time for some serious funnymental DD on ALTN (and SUNW and MU and INTC etc, etc). As I said a few weeks ago, there's a major shift in the technological/societal interface in the process of securing a foothold of historical proportions. It is just such events that have always led to major bull moves in the equity markets. Today's breakout of the IHS on the Dow that I pointed out several weeks ago is strong verification of the implications behind the internet. Dow 11,400 by the end of June is projected by the chart.

Doug R