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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?

To: Dragonfly who wrote (1566)	4/10/1999 6:55:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 2693

Market Edge upgrade on technicals. They're pretty conservative so I'd interpret that as a buy. Weekly Second Opinion - IRID 04/12/99 Symbol: IRID Name: IRIDIUM WORLD COMM NEUTRAL FROM AVOID UPGRADED Alpha -0.41 Beta 0.98 SCORE = 2 COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a WEAK DOWNWARD TREND Relative Strength is BEARISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is falling which is BEARISH The 200 day MOVING AVERAGE is falling which is BEARISH WATCH FOR RESISTANCE AT 21.88 RECOMMENDATION STOCK SHOWS MILDLY IMPROVING CONDITIONS SCORE = 2 IF YOU ARE SHORT THIS STOCK HOLD POSITION; DO NOT INITIATE NEW SHORT SALE STOCK IS NOT A BUY CANDIDATE