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Technology Stocks : Spiegel(SPGLA) -- Ignore unavailable to you. Want to Upgrade?

To: Sober who wrote (58)	3/7/1999 12:53:00 AM
From: Cleo	Read Replies (1) \| Respond to of 89

Looking at SPGLA's chart action for the last few months, I think there is a good chance will we see 10 again at some point in the next month or two. Also, the trend is still going up, long term, even though we have seen some surges and sharp pullbacks. I was impressed when SPGLA didn't ever fall back to the 5 to 6 level when it corrected ... it just has the feel of someone accumulating it. Any number of times it has been weak for days then someone steps in with volume and moves it up a half point or a point, then it falls back part way but not all the way. Remember, it was trading in the 3's last November, and here we are in the 7's. That is pretty impressive when you consider it has surged and corrected a couple of times, but has never broken down and bottomed out around 5 1/2. It feels to me like we will see more strength in it soon. I'm accumulating more here in the low 7's. Good luck to all longs.