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* Today's Sector Analysis: "Telecomm " Institutional Technical Viewpoint
Buy Alert!
Ubid Inc
(UBID):
$39 1/8 Stop. $36 1/2 P-Stop $49.00 P-Objective
Dow Jones Ind: 10,617.32 minus 101.53 points Nov 9, 1999 * Price Objective: 12,750
Volume Two No. 911
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
11/10/99
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PRICE
OBJ
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CLOSE
PRICE
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BWAY
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BREAKAWAY SOLUTIONS
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BUY!
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RSI: 68
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$60.38
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$57.50
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$73.00
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$59.25
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BWEB
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BACKWEB TECHNOLOGY
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BUY!
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RSI: 82
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$44.87
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$42.12
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$None
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$43.25
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CMTO
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COM21 INC
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BUY!
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* RSI: 77
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$18.87
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$17.38
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$23.00
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$18.25
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* IIXC
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IXC COMMUNICATIONS INC
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BUY!
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* RSI: 79
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$55.38
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$52.62
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$74.00
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$54.25
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NETA
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NETWORKS ASSOCIATES
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BUY!
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* RSI: 68
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$22.12
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$20.25
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$30.75
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$21.94
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ONSL
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ONSALE INC
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BUY!
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* RSI: 71
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$21.12
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$19.50
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$31.00
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$20.63
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TSFW
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TSI INT'L SOFTWARE
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BUY!
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* RSI: 74
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$37.87
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$35.38
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$58.00
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$36.88
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VNWK
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VISUAL NETWORKS
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BUY!
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* RSI: 80
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$62.25
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$59.50
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$74.00
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$61.00
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Telecomm
CCVL: $56 3/8 LVLT: $74 1/8 QWST: $38 1/8
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Buy Alerts
CYSP: $8 7/8 EGGS: $11 3/8 GWRX: $6 3/8
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3COM CORP
(COMS-Nasdaq):
Technical Viewpoint: From a low
of $26.00 on Sep 23, 1999 prices
rallied, reaching a
high of $31.56
on Oct 14, 1999. A
decline saw prices pull back, reaching a
low of
$26.56 on Oct 25, 1999.
Another rally saw prices penetrate
resistance, closing 11/9/99
at $31.50. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 1, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $29.00. Resistance: Is at $33 1/2.
Point & Figure: Reversed to the upside on Oct 28, 1999. A P&F upside
reversal takes place at $30 1/2. Summary: Technical indicators have turned bullish. BUY! 3COM CORP
(COMS-Nasdaq) @ $32 1/8 Stop: Use a protective stop of $29 7/8.
3COM CORP is currently trading @ $31.50 plus $1.69 on Nov 9, 1999. Price Objective:
$44.00. Risk/Reward: $2 1/4 VS. $11 7/8. Today's Risk Reward Ratio: 5:1
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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