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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Norman Klein who wrote (5961)	3/16/1999 4:47:00 PM
From: Mammon	Read Replies (1) \| Respond to of 11417

It's good to be a skeptic, but remember to enjoy the moment.

To: Norman Klein who wrote (5961)	3/16/1999 5:17:00 PM
From: Kevin	Respond to of 11417

I will be watching closely tomorrow on the open and hoping for a gap-up, but am prepared for a sell-off. As you should be...especially since we are up $3.00+, or 20%, in just two days. Still, WAVX is going places...

To: Norman Klein who wrote (5961)	3/16/1999 5:37:00 PM
From: Craig Sutton	Read Replies (1) \| Respond to of 11417

A gap up ? Surely helps us longs to provide a upward trend but when I see people hopeing for a gap up in the morning, can money be made then or is it just a point of interest for assurance sake ? Just wondering, I'm hoping for one just to see an increased upward movement and hit new highs, but as we have seen over the past few months a sell off will also be needed at some point to establish a new base and solid foundation. As I see it we are just at the begining and trying to catch these ups and downs are just plain foolery unless you have a rock hard stomach.

To: Norman Klein who wrote (5961)	3/16/1999 5:57:00 PM
From: Trader X	Read Replies (1) \| Respond to of 11417

It's ok to be concerned about a selloff but... I expect that if there is profit-taking the damage will be limited, and I look for support at 12 1/2 to hold. Besides, stocks do not only go up. A pullback after a rally is to be expected. What is in favor of this stock is the fact it has taken a month for the price to come back to $14, so a good base has been established for this rally. I am of the opinion that today has nothing whatsoever to do with news, but was based on technical factors, since the stock closed above resistance yesterday at 12 3/4. Sometimes the only news is technical in nature. For those who don't understand that, the chart is nothing more than a picture of market psychology, reflecting hopes and fears of thousands of market players. Today the players showed fear that the price would run away from them. TX