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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?

To: wayne nikituk who wrote (939)	4/14/1999 2:19:00 PM
From: Ron Kline	Read Replies (1) \| Respond to of 1434

Wayne, I follow the technicals on MSPG and I do not see much downside from here. Once a stock breaks out on high volume downside is pretty limited. I give it 10% from the old closing high. I don't have the exact closing high but it wasn't $125 more like $115. Now trading at $110 if I was not already in the stock I would look to be buying. If it would close below $105 I would be concerned that the breakout is faulty so we'll have to keep our eyes open. I do know the market makers love to do this after breakouts (take it down) and I've seen this happen so much I really don't get very concerned. I remember AOL going through this at it's old high last year and it since has gone up 4X. Good Luck, Ron