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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (494)	5/20/1999 11:54:00 AM
From: sam	Respond to of 1222

target..depends. Stock has been going down over last five sessions. Yesterday afternoon showed some strength into the close (good sign). However volume has been a little light. If it can finish up today, even by a little bit. I would expect to see another run to low 50's. Probably just wishful thinking. S

To: Susan Saline who wrote (494)	5/21/1999 1:55:00 PM
From: sam	Read Replies (1) \| Respond to of 1222

Fibonacci numbers. Just did a quick calc. from the 35 up to the 52, and you can expect a 2/3 retracement (ie. about 40). it hit this today. If it can hold, then the next leg should be up to the 46 area. Hopefully it will break through this mark. Fundamentals still pretty good, but what concerns me is the new product direction. For the last three years they have focused on EAI for the financial sector (and been one of the leaders), now they have almost exhausted this market and are turning attention to other areas. I am not as confident that they will have as much long term success as they did with the banks. IMHO S