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To: TI2, TechInvestorToo who wrote (160)	5/12/1999 8:14:00 PM
From: Gottfried	Respond to of 400

TI2, I can't predict. Since the decline from 30ish was pretty much uninterrupted by up moves, there is no real technical resistance. [for TA novices: a resistance point higher than present price would be formed if prior to today the stock had rallied up, then declined again. That rally's peak would be resistance]. But how much are investors willing to pay for a stock with projected 5 year EPS growth of 22% and 2000 earnings of $0.68 ? By the simple method it would be 22x0.68=$14.96 So anything much higher than today's price would be built on hope, not on projected earnings. Gottfried