For starters I did not buy ONT, I bought SUNW instead. My PM was in response to yours to me for buying SUNW. lol. BTW it's poor form to post PMs.
9:56AM Sun Microsystems nearing its 52-week high (SUNW) 5.61 +0.16: -- Technical -- The stock is setting up for a test of its 52-week high of 5.64 established on June 13, 2003. Its next significant area of resistance after that is its July 17, 2002 high of 6.13.
For those who understand no explanation is needed, ...For those who don't none will.