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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (9073)	3/24/1999 7:44:00 PM
From: Magnatizer	Respond to of 99985

Thread market magnets techstocks.com ht david

To: donald sew who wrote (9073)	3/24/1999 10:03:00 PM
From: g_m10	Respond to of 99985

I believe there is approximately 55-56 million outstanding shares Doesn't look like a DOW30 stock, rather a midcap. You probably somehow lost one digit before decimal point. Then planned sales doesn't look too scary. JMHO

To: donald sew who wrote (9073)	3/24/1999 10:32:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

donald: Well, I thought I would respond bud...but I am no fundamentalist either...<g> Looks to be a lot of shares going on the block to me as well. I took a look a the stock using my technicals: ALD Both my "end of day" and "segmented day" technicals are saying this stock is re-entering the overbought area. This stock has been up in this range two times prior since July 97, with one with a double top. Each time this range has been reached previously the stock has corrected substantially over a three to four month period. (Of course you know this…<g>) With the insider selling, seems this stock may be in for a repeat... However, my segmented day technicals are in buys for now. But that would be expected with the price action of late. I suspect you are anticipating a top...soon! BWDIK as always... Regards, LG