|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2> All,</FONT></DIV><FONT size=2>
<P class=MsoBodyText><SPAN style="mso-spacerun: yes">
</SPAN>I decided to make Cabletron Systems (CS) that is in the Computer
Networking Sector a midweek pick.<SPAN style="mso-spacerun: yes">
</SPAN>CS<B><SPAN style="FONT-SIZE: 7pt"> </SPAN></B><SPAN
style="mso-bidi-font-size: 7.0pt">d</SPAN><SPAN
style="mso-bidi-font-size: 6.5pt">evelops, makes, markets, installs and supports
a broad range of standards-based local and wide area network connectivity
hardware and software products.<SPAN style="mso-spacerun: yes"> </SPAN>It
had a rough couple of years in 1997 and 1998 due to antiquated hardware, but now
seems to have its problems behind it with its well-accepted new switches and
routers.</SPAN></P>
<P class=MsoBodyText><SPAN style="mso-spacerun: yes">
</SPAN>CS at 24.31 is in a Short Term Up Trend Channel (STUTC) with the top at
28 1/8 and the bottom at 22.<SPAN style="mso-spacerun: yes"> </SPAN>It hit
an all time high of 46 ½ way back on 03/28/97 then went into a two year down
trend to a double bottom around 7 in September 1998 and again in April
1999.<SPAN style="mso-spacerun: yes"> </SPAN>It started an Intermediate
Term Up Trend Channel (ITUTC) from that second bottom and then broke out of the
top of that (ITUTC) in early November to form the new, steeper STUTC.<SPAN
style="mso-spacerun: yes"> </SPAN>CS is now recovering from the second
pullback to the bottom of the new STUTC and should be at a good entry
point.<SPAN style="mso-spacerun: yes"> </SPAN>The Tema Binary Wave and
Qstick are both positive and rising.<SPAN style="mso-spacerun: yes">
</SPAN>The fundamentals are OK with price/sales at 3.18, no debt, and earnings
growth predicted at triple digit rates for the next couple of years.<SPAN
style="mso-spacerun: yes"> </SPAN>I’ll open a position for the $100k
Portfolio at Friday’s open.<SPAN style="mso-spacerun: yes"> </SPAN>I’ll
set the initial target just under the all time high at 46 and the stop just
under the STUTC at 21 ¾. </P>
<P class=MsoBodyText> See chart at <A
href="http://www.geocities.com/jimginva/";>http://www.geocities.com/jimginva/</A></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 12pt; mso-bidi-font-size: 10.0pt"><SPAN
style="mso-spacerun: yes">JimG
</SPAN><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office"
/><o:p></o:p></SPAN></P></FONT></BODY></HTML>
</x-html>From ???@??? Thu Nov 25 17:06:04 1999
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
by purebytes.com (8.8.7/8.8.7) with ESMTP id NAA09388
for <neal@xxxxxxxxxxxxx>; Thu, 25 Nov 1999 13:18:34 -0800
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id MAA08840
for metastock-outgoing; Thu, 25 Nov 1999 12:46:47 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
by listserv.equis.com (8.8.7/8.8.7) with ESMTP id MAA08837
for <metastock@xxxxxxxxxxxxxxxxxx>; Thu, 25 Nov 1999 12:46:44 -0700
Received: from ims-1.smartworld.net (ims-1-fix.smartworld.net [216.70.64.19])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id MAA23734
for <metastock@xxxxxxxxxxxxx>; Thu, 25 Nov 1999 12:53:19 -0700 (MST)
Received: from freewwweb.com (ppp-250.tnt-1.atl.smartworld.net [216.70.68.250])
by ims-1.smartworld.net (8.9.1a/8.9.1) with ESMTP id OAA20795;
Thu, 25 Nov 1999 14:38:39 -0500 (EST)
Message-ID: <383D9042.A1EB4053@xxxxxxxxxxxxx>
Date: Thu, 25 Nov 1999 14:38:42 -0500
From: michael arnoldi <marnoldi@xxxxxxxxxxxxx>
X-Mailer: Mozilla 4.61 [en] (Win95; I)
X-Accept-Language: en
MIME-Version: 1.0
To: A METASTOCK GROUP <metastock@xxxxxxxxxxxxx>,
Ryan Thomas <charts@xxxxxxxxxxxxx>
Subject: 25mb free storage
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:
https://www.xdrive.com
mike arnoldi
|