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Strategies & Market Trends : Meristar Hotels & Resorts (MMH) -- Ignore unavailable to you. Want to Upgrade?

To: professor who wrote (8)	1/26/1999 9:16:00 AM
From: Boyd Hinds	Read Replies (1) \| Respond to of 21

That's some good news. Technically, MMH has started acting much better this past week. It broke through some resistance at 2.75 and managed to close at 3 (albeit on low volume). The next area of resistance should be around 3.5 to 4. Watch out if the stock should hit a new 52w high on higher than average volume. Once the momentum players jump on board, we could be in for a volatile ride. I got in at 2.25 and still think this could be a double by the end of 1999. Your thoughts?