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Post# of 24977
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Alias Born 02/04/2004

Re: None

Wednesday, 12/29/2004 8:04:21 PM

Wednesday, December 29, 2004 8:04:21 PM

Post# of 24977
rjjm...here is another search engine portal to keep an eye on since you mentioned LOOK.....

Take a look at REDF (this is an indian search engine/portal) that is growing and should easily go profitable in it's upcoming quarter. Last quarter was nice for them. REDF is 8.58 now.

Here is the chart on 1 year REDF....

http://stockcharts.com/def/servlet/SC.web?c=REDF,uu[m,a]daclyyay[dd][pb50!b200!f][vc60][iUb14!La12,2...

what you see here is a lopsided inverse head and shoulders bottom imho. The right shoulder peak and dip are higher than the left. This could be a bullish indicator. Target over $16 imo.

The float on REDF is small too...7 million shares, so it is easier to move than LOOK whose float is close to 100 million.

But LOOK is a good pick imo.

Good Luck!

P


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