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Technology Stocks : CNKT - Connect Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (859)	4/9/1999 11:27:00 AM
From: cabernetfranck	Respond to of 953

It seems to me that this trading pattern lends itself to shorting with some degree of confidence. With the premarket bid/ask up then the open, and down they go this seems to happen consisitently w/ CNKT always good for a point or two, although I'm not regularly a shorter. Frank C.

To: Herc who wrote (859)	4/9/1999 11:40:00 AM
From: jackhach	Read Replies (1) \| Respond to of 953

I see resistance at the following (prior to today's trading): $10.000 $8.625 $7.875 $7.063 < very strong! $6.750 $6.375 $6.188 $5.000 < floor is very strong! 60+% of basis ownership is now in a range of $3.573 through $6.753 with the median purchase price point at $5.12. This is very encouraging for the stock. It basically means that the support is just behind the prevailing price and not ahead of it -- as it had been just a couple of days ago (and for awhile.) There is only modest resistance until we get to $7.063. Should it break through $7.063 -- LOOK OUT! We will have to see. I'm in and expecting a stronger move to the upside before the close. Not that anyone asked... -JH