Technology Stocks : BroadVision (BVSN)


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To: ken-l who wrote (3577)1/26/2001 7:26:05 PM
From: Stephen M. DeMossRead Replies (2) of 3773
 
Ken, I agree that a pullback in Bvsn is likely near term. But the fact that it did not fold and did bounce off the $12 area is a good sign technically and has fundemental implications (IMO). I see it retracing to 12 again near term to continue a W formation. Then a leg up to the 15 and better area sometime within 3 weeks. Today's rebound is encouraging to any long the stock. VIGN is a related company which folded its tent and went home recently. That action is disheartening. A form of stability is here, IMO, with Bvsn. Perfect for selling calls <G>. Steve D.
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