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To: BigBull who wrote (42454)4/16/1999 5:58:00 PM
From: Gary Burton  Respond to of 95453
 
BB--Funny you should mention IO--I will confess-I bought it recently at 6.31 on a hunch but sold it Wed at 6.25, fearing it was in a triangle continuation pattern (which usually leads to a new low), then finally decided to buy it back this afternoon at 7.19 when it looked like the triangle was no longer valid and a new uptrend was underway. Good balance sheet, no earnings, seismically oriented. Yahoo thread knocks the mgt, SSB projections call for negligible earnings in 2000 too, many not yet believers. But, all sorts of osx issues are now showing lousy numbers and so what else is new. It's a spec but I'm more comfortable with the chart pattern than I was on Wed....I may live to regret it again as I've now traded it twice before at small losses (vbg). The TC2000 charting software shows strong net new buying fwiw....At the moment, I own PGO,GLM,IO,PTEN and JDAS a depressed software stock with recent insider buying in size.